[Paxos Acquires NucleusEarn, Establishes Paxos Labs to Advance On-Chain Financial Services] Paxos announced the acquisition of NucleusEarn and the establishment of a new division, Paxos Labs, co-founded by Chunda, Jun Kim, and Bhau. Paxos Labs will provide on-chain financial infrastructure for enterprises, supporting a diverse range of crypto financial services from stablecoin issuance to compliant money markets.