Key Takeaways:
Paxos Labs closed a $12 million round led by Blockchain Capital to launch Amplify, a digital asset utility suite. Amplify’s Earn, Borrow, and Mint modules let platforms activate crypto holdings through a single SDK integration. Partner Hyperbeat reached $510K in AUM within days of going live on Amplify on April 9, 2026. Blockchain Capital Leads $12M Round for Paxos Labs Amplify Product Launch“Platforms have spent years enabling users to hold digital assets,” said Bhau Kotecha, co-founder of Paxos Labs. “Amplify is the infrastructure that makes it possible through a single integration.”
Paxos CEO Chad Cascarilla framed the launch as an extension of the company’s original mission. Cascarilla remarked:
“Paxos Labs is building the onchain product layer that programmatically makes digital assets productive for any platform.”
