Paxos Acquires NucleusEarn, Launches Paxos Labs for Blockchain Services

2025-09-19 22:30

Paxos has announced the acquisition of NucleusEarn and the creation of Paxos Labs, a new division focused on providing on-chain financial infrastructure for enterprises. Co-founded by Chunda, Jun Kim, and Bhau, Paxos Labs aims to enhance the company's blockchain capabilities by offering services such as stablecoin issuance and compliant money markets. This strategic move is set to expand Paxos's offerings in the crypto financial services sector.

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