Paxos Labs Secures $12M for Amplify Digital Asset Suite Launch
- Paxos Labs raised $12 million in a funding round led by Blockchain Capital.
- The funds will support the launch of Amplify, a digital asset utility suite with Earn, Borrow, and Mint modules.
- Amplify allows platforms to leverage crypto holdings through a single SDK integration.
- Partner Hyperbeat achieved $510K in assets under management within days of going live on April 9, 2026.
- Stablecoin issuance is enabled through the Mint module, allowing platforms to issue branded stablecoins.
Paxos Labs’ new Amplify suite aims to enhance digital asset productivity for platforms via streamlined integration and comprehensive tools like stablecoin issuance and asset-backed lending. The rapid success of partner Hyperbeat underscores the potential impact of these offerings on asset management capabilities.
With $12 million secured from key investors including Blockchain Capital, Paxos Labs is poised to expand its infrastructure and offer robust solutions for monetizing digital assets efficiently through its Amplify suite. (Paxos Labs Raises $12M to Launch Amplify Digital Asset Suite for US Platforms)