Paxos Labs Raises $12 Million to Expand Amplify Crypto Yield and Stablecoin Platform

Paxos Labs, incubated by digital asset infrastructure provider Paxos, focuses on enterprise-grade onchain financial products. Amplify connects yield, lending and stablecoin issuance through a single integration, helping fintech platforms lower adoption barriers and turn previously idle crypto holdings into usable financial services.

Paxos Labs announced a $12 million strategic funding round on April 14, 2026, led by Blockchain Capital with participation from Robot Ventures, Maelstrom and Uniswap. The funds will be used to expand Amplify, whose Earn, Borrow and Mint modules are all live. Partner Hyperbeat reached $510,000 in assets under management within days of launching the service on April 9.