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Paxos Labs raises $12M, launches Amplify platform for onchain finance

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Paxos Labs has raised $12 million in a strategic funding round led by Blockchain Capital, with participation from Robot Ventures, Maelstrom, and Uniswap, as the Paxos incubated unit looks to expand its infrastructure for digital asset yield, borrowing, and branded stablecoin issuance.

The company said the new capital will support development of its Amplify suite, which lets platforms add multiple onchain financial products through a single integration.

The launch positions Paxos Labs as the product layer built on top of Paxos’ regulated digital asset infrastructure. According to the company, Paxos has processed more than $180 billion in tokenization activity, while Paxos Labs is focused on helping platforms turn passive digital asset balances into active financial products.

Amplify is launching with three live modules: Earn for institutional grade yield on digital assets, Borrow for crypto backed lending, and Mint for branded stablecoin issuance. Paxos Labs said partners can integrate once and activate additional capabilities as their platform expands, with the company handling liquidity management, counterparty vetting, and enterprise controls behind the scenes.

Platforms have already spent years letting users hold crypto. Paxos Labs wants to help them do more with those balances by embedding yield products, borrowing tools, and stablecoin infrastructure directly into their apps. The company also said its model includes programmatic revenue sharing so partners receive a portion of the underlying revenue generated through the stack.

Paxos Labs said Aleo, Hyperbeat, and Toku are live on Amplify, and that Hyperbeat has crossed $510,000 in assets under management since going live on April 9, 2026.