Paxos Buys Finnish Company Membrane Finance

Reading Time: 2 minutesPaxos has announced its agreement to acquire Finnish Electronic Money Institution (EMI) Membrane Finance The acquisition, pending regulatory approval, will grant Paxos a full EMI license in Finland and the European Union This move aims to expand Paxos' regulated platform into the EU and facilitate the issuance of Markets in Crypto Asset (MiCA) compliant stablecoins Paxos, a leading regulated blockchain and tokenization infrastructure platform, has agreed to acquire Membrane Finance, a Finnish Electronic Money Institution (EMI).

Nov 20, 2024 - 08:24
Paxos Buys Finnish Company Membrane Finance
PaxosReading Time: 2 minutesPaxos has announced its agreement to acquire Finnish Electronic Money Institution (EMI) Membrane Finance The acquisition, pending regulatory approval, will grant Paxos a full EMI license in Finland and the European Union This move aims to expand Paxos' regulated platform into the EU and facilitate the issuance of Markets in Crypto Asset (MiCA) compliant stablecoins Paxos, a leading regulated blockchain and tokenization infrastructure platform, has agreed to acquire Membrane Finance, a Finnish Electronic Money Institution (EMI).

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