Paxos Labs raises $12m to launch Amplify digital asset stack

Paxos Labs raises $12m to launch Amplify digital asset stack

Paxos Labs, the digital assets financial utility stack incubated within Paxos, has closed a $12m strategic funding round and announced the launch of its Amplify platform, which enables companies to transform digital asset holdings into active financial products via a single integration.

The round was led by Blockchain Capital, an early backer of Paxos, with additional participation from Robot Ventures, Maelstrom and Uniswap.

The capital will be used to accelerate development of the Amplify suite across three integrated modules: Earn, which provides institutional-grade yield on digital assets; Borrow, which facilitates digital asset-backed lending; and Mint, which supports branded stablecoin issuance. All three modules are now live.

Platforms integrate once and can activate further capabilities as their needs evolve.

Amplify is built around ease of deployment, with a single SDK granting access to the full suite within any application. Each module features independently configurable parameters, while Paxos Labs handles liquidity management, counterparty vetting and enterprise-level controls in the background.

The platform also incorporates a programmatic revenue-sharing model, through which a portion of underlying revenue is distributed back to integration partners, creating aligned incentives between platform growth and broader ecosystem expansion. Partners including Aleo, Hyperbeat and Toku are already live on the platform, with the Hyperbeat integration surpassing $510k in assets under management since going live on 9 April 2026.

Paxos CEO Chad Cascarilla said, “Paxos has spent over a decade building the most trusted infrastructure in digital assets, powering over $180 billion in tokenization activity for the world’s largest financial institutions.

“Paxos Labs is an extension of that mission: building the onchain product layer that programmatically makes digital assets productive for any platform.”

Paxos Labs co-founder Bhau Kotecha said, “The natural next step for every platform that’s holding digital assets is how to activate them. Whether that’s earning yield on stablecoins, offering crypto-backed borrowing, or launching a branded stablecoin.

“Amplify is the infrastructure that makes it possible through a single integration. We’re building on Paxos’ foundation of trust and adding the product capabilities that platforms need to compete.”

Read the daily FinTech news

Copyright © 2026 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.