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2,710.76 USD
% Change
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Market Cap
534M USD
Volume
34M USD
Circulating Supply
197K
Paxos Acquires Membrane Finance
Paxos, a leading regulated blockchain platform, has announced the acquisition of Membrane Finance, a Finnish fintech company. This strategic move will enable Paxos to expand its presence in Europe and comply with the EU’s MiCA regulations.
With the acquisition of Membrane Finance, Paxos will obtain an electronic money institution (EMI) license in the EU. This will allow the company to offer its stablecoins, such as Pax Dollar (USDP) and Pax Gold (PAXG), to European customers.
Event date: November 19, 2024 UTC
Paxos
@Paxos
@Paxos
today, Paxos announced an agreement to acquire Membrane Finance, an EMI based and licensed in Finland. Once completed, Paxos will be a fully licensed EMI in Finland and the EU. Read more here! https://paxos.com/blog/paxos-to-acquire-finnish-e-money-institution-membrane-finance/
PAXG Price Changes After Event Publication
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