Who founded PAX Markets?

PAX Markets was founded by Pete Stevenson, Benjamin Kilimnik, Ben in 2024.

Who are PAX Markets's investors?

PAX Markets's investors include 57Blocks Capital, Eight Capital, Firestreak Ventures, InvestorX, Transpose Platform Management, Y Combinator, 468 Capital, Academy Securities and 20 more.

Where is PAX Markets headquartered?

PAX Markets is headquartered in San Francisco, US.

PAX Markets

YC W25

San Francisco, US · Founded 2024 · 6 employees · Hiring · 28 known investors

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PAX builds a patented API for digital asset exchanges that optimizes market efficiency and trade execution speed through custom hardware and low-latency infrastructure. The company serves crypto and digital asset traders and exchanges with exchange technology.

Also known as PAX Markets, Inc.

Crypto & Web3 Deep Tech FintechUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W25)

PAX Markets was founded in 2024 by Pete Stevenson, Benjamin Kilimnik, and Ben.

Pete Stevenson FounderHe previously worked as an ultra low-latency FPGA trader at Citadel Securities and served as a U.S. Navy officer on nuclear submarines. He co-founded HICAMP (acquired by Intel) and Pixie (acquired by New Relic). He holds a Ph.D. in electrical engineering from Stanford and a B.S. from the U.S. Naval Academy.

Benjamin Kilimnik Co-FounderBenjamin Kilimnik is a computer science graduate from Brown University who has worked as a privacy engineer at Pixie Labs (acquired by New Relic) and as a distributed systems software engineer at New Relic. He has also conducted cryptography and systems research and brings experience in high-frequency crypto trading and smart contract development.

Ben Founder

KartikFounder

JunwooFounder

VighneshFounder

RyanFounder

Board

JasleenCEO of Bains Labs

CodyDirector of Trading Operations at Alpaca Markets

Investors · 28

57Blocks Capitallisted by 57Blocks CapitalPleasanton

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Eight Capitallisted by Eight CapitalNorwalk

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Firestreak Ventureslisted by Firestreak Ventures

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InvestorXlisted by InvestorX

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Transpose Platform Managementlisted by Transpose Platform ManagementSan Francisco

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Y Combinatorlisted by Y CombinatorSan Francisco · $500K

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468 CapitalreportedBerlin

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Academy SecuritiesreportedNew York

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Anagram VenturesreportedCamana Bay

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Blockchain BuildersreportedPalo Alto

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Capitoriareported

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CMCC GlobalreportedHong Kong

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Don Horeported

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Exit Venturesreported

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gumi Cryptos Capital (gCC)reportedSan Mateo

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Hack VCreportedPalo Alto · $3M

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Kleiner PerkinsreportedMenlo Park · $500K – $15M

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Massive Tech VenturesreportedSeattle

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Orange DAOreportedSan Francisco

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Original CapitalreportedMiami

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OurCrowdreportedJerusalem

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Overlook VenturesreportedSan Francisco · $100K – $1M

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Singularity Venturesreported

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Tekedia CapitalreportedLagos · $1K

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Titan FundreportedHong Kong

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Venture Investment AssociatesreportedPeapack

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Waikit Laureported

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Related companies · 6

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TradingViewTradingView is a charting platform and social network used by over 100 million traders and investors worldwide to analyze and trade across global financial markets. The platform provides tools for technical analysis, market data, and community collaboration for retail and institutional traders.

KrakenKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.

PAXPAX makes cannabis vaporizer devices and related products for consumers, focused on flower and cannabis-based well-being. The company also supports social reform and safe-access initiatives in the cannabis industry.

PublicPublic is a trading platform that allows users to buy and sell cryptocurrencies including Bitcoin, Ethereum, and memecoins through accounts managed by Zero Hash LLC, a New York State-licensed virtual currency business.

CoinDeskCoinDesk is a news and media outlet covering cryptocurrency, blockchain, and digital asset markets. It publishes articles, market data, and analysis for readers following the crypto industry.

Companies working in the same space as PAX Markets.

Legal entities · 1

corporate structure

PAX Markets, Inc.

In the news

PAX: a crypto exchange on a chip, faster and smaller than a datacenter.ycombinator.com · Feb 2025

Frequently asked questions

What does PAX Markets do?: PAX builds a patented API for digital asset exchanges that optimizes market efficiency and trade execution speed through custom hardware and low-latency infrastructure. The company serves crypto and digital asset traders and exchanges with exchange technology.
Who founded PAX Markets?: PAX Markets was founded by Pete Stevenson, Benjamin Kilimnik, Ben in 2024.
Who are PAX Markets's investors?: PAX Markets's investors include 57Blocks Capital, Eight Capital, Firestreak Ventures, InvestorX, Transpose Platform Management, Y Combinator, 468 Capital, Academy Securities and 20 more.
Where is PAX Markets headquartered?: PAX Markets is headquartered in San Francisco, US.