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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Hume Cement appoints William Tan as group managing director
COP30: TNB a critical enabler to advance regional energy cooperation via Asean power grid
Ringgit ends slightly lower vs greenback on Fed rate outlook caution
Powerwell to expand into East Malaysia via strategic M&A
Bursa Malaysia's key index ends higher near 16-month peak
Velesto unit disposes of entire stake in Velesto Workover for RM16.5mil
Kim Loong anticipates satisfactory FY26 performance
Perdana Petroleum unit receives two work orders from PETRONAS Carigali
Awantec unit bags two contracts to supply AI tools to public unis worth a combined RM16.41mil
Willowglen MSC unit signs remote terminal unit supply contract for RM8.59mil

Others Also Read