Full story
Paxos adds DOGE rails
House of Doge, the corporate arm of the Dogecoin Foundation, announced a strategic partnership with Paxos to integrate the listing of Dogecoin (DOGE) across Paxos’ enterprise-grade crypto brokerage and custody infrastructure.
“to integrate the listing of Dogecoin (DOGE) across Paxos’ enterprise-grade crypto brokerage and custody infrastructure”
The deal is framed as a route to distribution across Paxos’ network of enterprise clients, with Paxos described as powering crypto brokerage and infrastructure solutions for platforms including PayPal, Venmo, Interactive Brokers and Mercado Libre.
Paxos is described as a regulated blockchain and tokenization infrastructure platform, and the partnership is presented as enabling Dogecoin access through regulated infrastructure that can operate across multiple jurisdictions.
House of Doge CEO Marco Margiotta said, "This partnership with Paxos represents a major step forward in accelerating global access for Dogecoin," positioning the move as a pathway for fintech platforms to make DOGE accessible to their users.
Paxos’ Head of Crypto Business Nick Robnett said, "We are thrilled to support the availability of Dogecoin on our platform," and described the work as part of Paxos’ mission to enable safe and responsible access to digital assets.
Fintech access, not retail
Benzinga reported that the deal integrates Dogecoin into Paxos’ crypto brokerage and custody platform, potentially opening access to hundreds of millions of users across major fintech ecosystems.
Benzinga said Paxos provides crypto infrastructure for platforms including PayPal, Venmo, Interaactive Brokers and Mercado Libre, and described the partnership as enabling enterprise clients using Paxos infrastructure to integrate Dogecoin into their digital asset offerings.
House of Doge’s CEO Marco Margiotta called the partnership "a major step forward" for expanding global access to DOGE, while Benzinga framed the move as aligning with House of Doge’s push to expand real-world DOGE utility through merchant payment solutions and upcoming Such app, Doge Connect B2B APIs and native Dogecoin payment infrastructure.
Cointelegraph said the partnership does not mean PayPal, Venmo, Interactive Brokers or Mercado Libre will automatically offer DOGE trading or custody services, but instead allows their clients to evaluate support for the memecoin.
Cointelegraph added that the integration gives fintech and institutional platforms a pathway to evaluate DOGE amid signs of slowing crypto adoption, while noting that the partnership does not guarantee meaningful adoption.
Regulated rails and next steps
The GlobeNewswire release says Paxos is licensed to engage in virtual currency business activity by the Office of the Comptroller of the Currency (OCC) and operates regulated entities across the United States, Singapore, and Europe.
“Paxos is licensed to engage in virtual currency business activity by the Office of the Comptroller of the Currency (OCC)”
In the same release, Paxos is described as providing regulated blockchain infrastructure to enterprises, with its crypto brokerage solution allowing partners to offer buying, selling, holding, and sending of digital assets while Paxos handles custody, liquidity, and compliance.
Cointelegraph tied the Paxos DOGE integration to institutional evaluation, saying Dogecoin will become available through Paxos’ brokerage and custody platform so fintech, payments and institutional clients can evaluate support for the memecoin.
Cointelegraph also placed the partnership amid broader market conditions, citing that crypto exchange-traded products recorded $1.67 billion in net outflows last week and total outflows of $4.21 billion over that period.
As the next step, Cointelegraph emphasized that whether the partnership translates into meaningful adoption remains to be seen, because the companies using Paxos rails still need to decide whether to integrate DOGE into their own product offerings.
