Paxos Labs Launches Amplify Financial Utility Stack With $12M Funding

Paxos Labs announced the launch of Amplify, a financial utility stack for digital assets, alongside a $12 million strategic funding round led by Blockchain Capital with participation from Robot Ventures, Maelstrom, and Uniswap. Amplify consists of three modular components: Earn, which provides institutional-grade yield; Borrow, enabling digital asset-backed lending; and Mint, which allows partners to issue branded stablecoins. The platform effectively offers embedded finance infrastructure for the crypto ecosystem, letting partners integrate financial services into their own products.

Early adopters including Aleo, Hyperbeat, and Toku are already live on the platform. The Mint module is particularly notable as it enables white-label stablecoin issuance, a form of embedded payments infrastructure for the digital asset sector. The strategic nature of the investor base, which includes protocol-level participants like Uniswap, suggests deep ecosystem integration potential.

The launch positions Paxos Labs as a BaaS-style provider for the on-chain finance sector.