Paxos Labs has raised $12 million in a strategic funding round led by Blockchain Capital, with Robot Ventures, Maelstrom, and Uniswap Labs also joining. Reported in April 2026, the new funding is set to support product development and enterprise integrations tied to digital asset services, with a focus on crypto yield and stablecoin infrastructure.
The company said the capital will speed up development of its Amplify suite, a platform that combines several onchain financial tools under a single integration. Through that setup, companies can offer yield products, borrowing functions, and stablecoin issuance without building separate infrastructure for each service. Paxos Labs describes Amplify as a product layer running on top of Paxos’ regulated infrastructure.
Three modules launched under the Amplify suite
Amplify debuted with three enterprise-facing modules. Earn is designed to deliver institutional-grade yield on digital assets. Borrow enables crypto-backed lending. Mint allows clients to create branded stablecoins. Once a partner completes one integration, additional services can be turned on as needed, while Paxos Labs handles liquidity management, counterparty review, and operational controls in the background.
The structure is aimed at companies that want to add tokenized financial tools to existing products without building every layer themselves. Paxos Labs is positioning the platform beyond simple custody, focusing instead on turning held digital assets into financial tools that can be embedded directly into partner platforms.
Enterprise push targets payments, treasury, and loyalty
Paxos has processed more than $180 billion in tokenization activity, a figure that provides context for the company’s enterprise push. Paxos Labs is targeting large businesses looking to connect tokenized money with their current systems, including workflows tied to payments, treasury operations, and loyalty programs. The model echoes white-label financial services commonly used in traditional banking.
The company also confirmed that Aleo, Hyperbeat, and Toku are already active on Amplify. Hyperbeat has reached $510,000 in assets under management since its launch on April 9, 2026.
Chad Cascarilla leads the new unit
Paxos CEO Chad Cascarilla is leading the new business unit while keeping it aligned with broader Paxos operations. A central part of the strategy is to let companies issue branded stablecoins without managing blockchain infrastructure on their own. The investor list spans both venture capital and DeFi-linked participants, pointing to sustained interest in enterprise-ready digital asset infrastructure and programmable financial products.