Paxos Labs to use $12M raise toward yield, lending, issuance tools

By Cointelegraph by Nate Kostar

Paxos Labs to use $12M raise toward yield, lending, issuance tools

Paxos Labs has raised $12 million backed by Blockchain Capital to advance its Amplify suite. The suite provides tools for generating yield, offering lending, and asset issuance using customer-held digital assets. This development aims to empower platforms to utilize these features efficiently.

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