It’s fundamentally a positive thing that crypto markets are correcting, says Paxos CEO

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CNBC Television published this video item, entitled “It’s fundamentally a positive thing that crypto markets are correcting, says Paxos CEO” – below is their description.

Charles Cascarilla, Paxos CEO, joins ‘Squawk on the Street’ to discuss whether there will be more failures in the cryptocurrency market, how crypto can see more innovation as the price tumbles and his explanation of what Paxos does.

CNBC Television YouTube Channel

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About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

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Paxos is a regulated blockchain infrastructure platform, building a new, open financial system. Paxos clients include global enterprises PayPal, Credit Suisse, Societe Generale, StoneX and Revolut.

Paxos is a top-funded blockchain company with more than $500 million in total funding from leading investors like OakHC/FT, Declaration Partners, Mithril Capital and PayPal Ventures.

Paxos has offices in New York, London and Singapore.

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