Paxos Raises $142 Million In Fresh Funding From PayPal And Mithril Capital
Paxos, the US-based stablecoin operator, has raised $142 million in fresh funding from investors including PayPal and Mithril Capital. It has been reported that US investment firm Declaration Partners, backed by billionaire David M. Rubenstein, led the funding round with other participants including RIT Capital Partners plc., Ken Moelis, Alua Capital, and Senator Investment Group. However, previous Paxos backers like RFE Ventures and Liberty City Ventures also invested in the