Paxos to Acquire Membrane Finance
November 19, 2024
Paxos agreed to acquire Membrane Finance, a Finland-based Electronic Money Institution (EMI), subject to regulatory approval. The deal would make Paxos a fully licensed EMI in Finland and the EU and expand its regulated stablecoin and tokenization platform for European customers, including making its solutions compliant with MiCA.
- Buyers
- Paxos
- Targets
- Membrane Finance
- Industry
- Financial Services
- Location
- Finland
- Transaction Type
- Buyout
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