Paxos Labs has raised $12M in a strategic round led by Blockchain Capital, with participation from Robot Ventures, Maelstrom, and Uniswap. The funding supports the launch of its flagship product, Amplify.

About. Amplify is a modular stack enabling fintech and crypto platforms to integrate onchain financial products via a single SDK. It includes three core modules (Earn, Borrow, and Mint), allowing yield generation, crypto-backed lending, and branded stablecoin issuance.

The platform operates on a revenue-sharing model, where both Paxos Labs and its partners benefit from user activity. Liquidity management, counterparty vetting, and compliance controls are handled by Paxos behind the scenes.

Early adopters including Aleo, Hyperbeat, and Toku are already live, with Hyperbeat surpassing $510K in AUM shortly after launch.

👉 theblock.co/post/397348/paxos-labs-raises-12-million-amplify-onchain-financial-products