Paxos Labs Raises $12M for Amplify Platform

Paxos Labs, a spinoff from the regulated blockchain infrastructure provider Paxos, announced a $12 million funding round on Tuesday to accelerate development of its Amplify platform, which enables enterprises to integrate onchain financial products like yield generation, lending, and branded stablecoins.

The seed investment was led by Blockchain Capital, with participation from Robot Ventures, Maelstrom, and Uniswap Labs. The capital will support expansion of the Amplify suite, which launched with three live modules: Earn for institutional-grade yield on digital assets, Borrow for crypto-backed lending, and Mint for issuing customized stablecoins. Platforms can activate the full suite through a single software development kit, allowing configurable parameters while Paxos Labs manages liquidity, counterparty vetting, and compliance in the background. The model includes revenue sharing, where partners receive a portion of earnings from user activity.

"Platforms have spent years enabling users to hold digital assets," said Bhau Kotecha, cofounder of Paxos Labs. "Amplify is the infrastructure that makes it possible to monetize them through a single integration." The platform builds...