Paxos Expands Crypto Brokerage Platform to Support BONK

Blockchain infrastructure company Paxos, regulated in multiple countries, has announced that its Crypto Brokerage platform now officially supports BONK. According to ChainCatcher, Paxos holds compliance licenses from authorities such as the U.S. OCC, Finland's FIN-FSA, and Singapore's MAS, enabling its partners, including traditional financial institutions, to offer secure and compliant BONK trading and custody services. Paxos highlighted that BONK has nearly 1 million holders and over 400 integrations within the Solana ecosystem, indicating a vibrant community base. This development marks BONK's transition from a community-driven meme coin to mainstream financial channels. Currently, leveraging the same compliance platform trusted by institutions like PayPal, Mastercard, and Venmo, more than 500 million users worldwide can purchase BONK through major retail trading platforms and exchanges.