Paxos Labs grew out of an internal Paxos initiative to simplify how companies integrate with DeFi markets and create branded stablecoins. Its core product is a single software suite that lets developers mint white‑label stablecoins, enable customers to earn interest on holdings, and borrow using tokens as collateral. The spin-off was created to allow the team freedom to experiment with a wider array of crypto assets amid regulatory ambiguity in DeFi. Leadership includes Bhaumik Kotecha as cofounder of Paxos Labs and Chad Cascarilla serving as CEO of both Paxos and Paxos Labs. The company already counts customers such as the neobank Hyperbeat and the developers behind Aleo. Paxos Labs reported it is on pace to break even by the end of the year.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2026