Paxos gets green light to settle securities on blockchain
· payments
Paxos has become the first blockchain-native firm to be approved by US regulators to provide clearing and settlement services by the SEC.
Product Blueprint
SettleIQ — a compliance and operations dashboard for broker-dealers and RIAs that want to connect to Paxos blockchain settlement rails, handling the real-time reconciliation, failed-trade alerting, and audit trail generation that their existing systems can't do when T+0 atomic settlement replaces T+1 batch processing.
Why it matters
Paxos's SEC approval is the regulatory unlock that makes this real in 2026 — hundreds of broker-dealers now face a hard deadline to retool ops workflows built for batch settlement, and no incumbent vendor has shipped a product specifically for the on-chain reconciliation gap that atomic settlement creates.
Target user
Operations and compliance leads at mid-size broker-dealers (50–500 employees) and RIAs managing $500M–$5B AUM who are being told by their custodians to prepare for blockchain settlement but have no internal tooling to handle atomic finality, on-chain confirmations, or the regulatory reporting that comes with it.
Go-to-market
Partner directly with one mid-size clearing firm or prime broker already in Paxos's pilot program to co-design the reconciliation spec and get 5 of their downstream broker-dealer clients as design partners; MVP is a webhook listener on Paxos settlement events that auto-generates FINRA-ready exception reports and sends Slack alerts on failed or delayed atomic settlements — no UI needed for first 10 customers, just a working API and a Google Sheet dashboard.
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