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Paxos Confirms Trading and Custody Support for Cosmos Hub’s ATOM

Each Paxos brokerage client decides whether its own users can access ATOM, so support does not guarantee availability on every platform.

Updated 1 min read
Pedestrians pass 450 Lexington Avenue, a Midtown Manhattan office tower in New York. / EconoTimes.ai
Pedestrians pass 450 Lexington Avenue, a Midtown Manhattan office tower in New York. / EconoTimes.ai

Paxos said Nov. 5 its crypto brokerage supported trading and custody for Cosmos (ATOM), Cosmos Hub’s native token, while each client decides whether users can access it.

Paxos’ public announcement came after ATOM was on the brokerage during the Oct. 15–22 period. Cosmos Hub governance Proposal 1054 came before the integration.

For companies already using Paxos, the brokerage makes ATOM a possible feature in their own offerings. They determine whether customers receive access.

The distinction is between support at the brokerage level and availability to customers. A person using one Paxos-connected service may have access to ATOM while a user of another does not.

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