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Paxos co-founder: Paxos has applied to the SEC to become a clearing house

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2025-12-11 11:31:23
Paxos co-founder Chad Cascarilla said that Paxos has applied to the SEC to become a clearing house. This move will enable Paxos to hold bonds and stocks directly and issue them natively on-chain, allowing users to hold actual underlying assets rather than derivatives.
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