Paxos Labs, a digital asset financial utility platform incubated within Paxos, announced the launch of Amplify alongside the close of a $12 million strategic funding round led by Blockchain Capital, with participation from Robot Ventures, Maelstrom, and Uniswap.
The company is positioning Amplify as a unified infrastructure layer that enables platforms to transform digital assets into financial products through a single integration. The offering includes embedded yield, crypto-backed borrowing, and branded stablecoin issuance, allowing partners to activate multiple capabilities without requiring separate integrations.
The newly launched Amplify Suite consists of three core modules: Earn, which delivers institutional-grade yield on digital assets; Borrow, which enables lending backed by digital assets; and Mint, which supports the issuance of branded stablecoins. All three modules are live at launch, with a modular approach that allows platforms to scale functionality as their needs evolve.
Paxos Labs builds on Paxos’ broader infrastructure, which has powered more than $180 billion in tokenization activity for major financial institutions. While Paxos focuses on regulated rails for tokenization and asset movement, Paxos Labs is focused on enabling programmatic, onchain financial product capabilities.
The platform is designed for streamlined deployment through a single SDK, with Paxos Labs handling liquidity management, counterparty vetting, and enterprise-grade controls. It also introduces a programmatic revenue-sharing model that distributes a portion of generated revenue back to partners, aligning incentives across the ecosystem.
Early adopters including Aleo, Hyperbeat, and Toku are already live on the platform. Hyperbeat has reportedly surpassed $510,000 in assets under management since integrating Amplify on April 9, 2026.
The funding will be used to accelerate development of the Amplify platform and expand its capabilities as Paxos Labs targets broader adoption among platforms seeking to unlock utility and engagement from digital asset holdings.
KEY QUOTES:
“Paxos has spent over a decade building the most trusted infrastructure in digital assets, powering over $180 billion in tokenization activity for the world’s largest financial institutions. Paxos Labs is an extension of that mission: building the onchain product layer that programmatically makes digital assets productive for any platform.”
Chad Cascarilla, CEO, Paxos
“The natural next step for every platform that’s holding digital assets is how to activate them. Whether that’s earning yield on stablecoins, offering crypto-backed borrowing, or launching a branded stablecoin. Amplify is the infrastructure that makes it possible through a single integration. We’re building on Paxos’ foundation of trust and adding the product capabilities that platforms need to compete.”
Bhau Kotecha, Co-Founder, Paxos Labs
“We first backed Paxos because we believed regulated digital asset infrastructure would underpin the next financial system. A decade and $180 billion in tokenization later, that thesis has rung true. Paxos Labs is the natural next chapter. The infrastructure problem is largely solved. The product problem, what users and platforms actually do with these assets onchain, is the largest open opportunity in fintech today and this is the team to build it.”
Spencer Bogart, General Partner, Blockchain Capital
