Crypto
Paxos Brings Avalanche's AVAX to Over 650 Institutions
Avalanche has integrated with Paxos, a regulated blockchain infrastructure firm that provides a compliance-friendly on-ramp to Avalanche's native token AVAX for over 650 institutions.
Paxos's Crypto Brokerage platform now lists AVAX and USDC, giving institutional clients access to a stablecoin option alongside the native token.
The integration marks a significant milestone in institutional adoption of crypto assets, with Paxos operating under an OCC national trust charter and holding licenses from Finland's FIN-FSA and Singapore's MAS.