Blockchain platform Paxos to add hires in Singapore


FILE PHOTO: Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/File Photo

SINGAPORE: Blockchain platform Paxos Trust Co LLC plans to add at least 130 hires in Singapore over the next three years after its unit in the city-state received a central bank licence to offer digital-token payment services.

“Singapore will be our hub for growth outside the United States,” co-founder Rich Teo said in an interview, adding as many as 180 people could be brought on over the 36-month period. The current headcount in Singapore is 20 and 350 globally, he said.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: Sunway, IJM, AMMB, AirAsia X, MNRB, Geohan, Reneuco, PT Resources, Topmix, Enest, Hibiscus, Bumi Armada, DXN
IJM awards Geohan highway extensions jobs
Geopolitical tensions unsettle the markets
Public Bank expects steady domestic growth
YTL Power's DC business outlook looking rosy
Hanoi to tighten real estate standards
Considerations on share-based fee for independent directors
Easing cost pressures and store expansion to drive MyNews
Floating solar farm job a major win for Sunview
China’s cruise ship ambitions surge as industrial chain takes shape

Others Also Read