Paxos Completes Acquisition of Membrane Finance, Expanding EU Reach

Deal News | Feb 04, 2025 | Raptor Capital Management LP

Paxos Completes Acquisition of Membrane Finance, Expanding EU Reach

Paxos, a leader in blockchain and tokenization infrastructure, has finalized its acquisition of Finland-based Membrane Finance, an Electronic Money Institution. This move, supported by regulatory approval, grants Paxos the status of a fully licensed EMI in Finland and across the EU. Through this acquisition, Paxos aims to broaden its globally regulated platform, enabling the delivery of its USD-backed stablecoins to European markets in compliance with Markets in Crypto-Asset (MiCA) regulations.

Sectors

  • Financial Services
  • Blockchain and Cryptocurrency

Geography

  • Finland – Membrane Finance is based in Finland, where the acquisition took place.
  • European Union – The acquisition enables Paxos to expand its services throughout the EU.

Industry

  • Financial Services – Relates to the acquisition of a financial institution (EMI) by Paxos.
  • Blockchain and Cryptocurrency – Paxos operates in blockchain and digital asset creation, which is central to the article.

Financials

    Participants

    NameRoleTypeDescription
    PaxosAcquirerCompanyPaxos is a regulated blockchain and tokenization infrastructure platform.
    Membrane FinanceTargetCompanyMembrane Finance is an Electronic Money Institution based in Finland.
    Raptor Capital Management LPPE FirmCompanyPrivate Equity firm involved in the acquisition.