Paxos co-founder Chad Cascarilla: Paxos has applied to the SEC to become a clearing agency
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ChainCatcher reported that Paxos co-founder Chad Cascarilla stated that Paxos has applied to the SEC to become a clearing agency. This move will enable Paxos to directly hold bonds and stocks and issue them natively on-chain, allowing users to hold the actual underlying assets rather than derivatives.
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