Paxos Labs raises $12M
Paxos Labs announced a Seed round of $12M on 14 April 2026. The company operates in Blockchain & Web3 and is based in United States. It was founded by Bhaumik Kotecha, Co-founder.
Industry
Blockchain & Web3
Founder
Bhaumik Kotecha
Co-founder, Paxos Labs
Outreach angles
- -Bhaumik Kotecha spent over three years at parent company Paxos before spinning out Paxos Labs, giving him deep institutional knowledge of stablecoin infrastructure.
- -He previously worked at Block (Jack Dorsey's fintech company), bringing cross-company experience in regulated financial technology.
- -The $12M round led by Blockchain Capital will fund Paxos Labs' platform that lets developers build branded stablecoins with built-in lending and interest features.
Signals
SeedBlockchain & Web3FinTechB2BRegulated IndustryRevenue-GeneratingAPI-First
Round details
Company: Paxos Labs
Domain: paxos.com
Amount: $12M
Stage: Seed
Industry: Blockchain & Web3
Country: United States
Announced: 14 April 2026
Other Blockchain & Web3 raises
Recently funded in United States