Pax Markets

Crypto exchange on a chip: faster and smaller than a datacenter.

Pax Markets is building a next-generation cryptocurrency exchange with a differentiated infrastructure model. At its core, Pax is building an exchange that runs entirely on a single FPGA chip—allowing for nanosecond-level tick-to-trade latency, far beyond what current exchanges can offer. This hardware-native architecture represents a fundamental rethinking of how trading platforms are built and operated.

Ceo & Co-FOunder
Pete Stevenson
year founded
2024
year invested
2025
stage invested
Seed
Thesis
Financial Services
fund
I
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