Paxos

Paxos is primarily known as a regulated blockchain infrastructure company, but it also makes selective strategic investments, typically at early stages in projects aligned with tokenization, stablecoins, and settlement infrastructure. With only a handful of deals on record, this is not a prolific venture arm but rather a corporate investor that backs companies where there is clear synergy with its own regulated asset issuance and custody business. Investments tend to sit at the intersection of traditional finance and on-chain settlement.