Paxos enhances financial services by acquiring NucleusEarn and launching Paxos Labs

On September 19th, Paxos reported its acquisition of NucleusEarn and the launch of Paxos Labs, co-founded by Chunda, Jun Kim, and Bhau.

Paxos Labs aims to deliver an on-chain financial infrastructure, offering crypto-financial services including stablecoin issuance and support for money markets.