Paxos Labs Raises $12 Million for Yield and Lending Tool Development
Paxos Labs raised $12 million from Blockchain Capital to develop its Amplify suite, offering yield, lending, and token issuance tools to crypto platforms.
Published 15sem1 source
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The fact
The funding supports expansion of decentralized financial infrastructure services offered by Paxos to market participants.
This transaction reflects venture capital firms' investment trend in crypto infrastructure protocols and decentralized finance layers.
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