Stablecoin issuer Paxos has launched Paxos Labs to help institutions bring DeFi products directly to their platforms. Bhau Kotecha, co-founder and head of Paxos Labs, told The Block that as enterprises seek to connect with DeFi markets and real-world asset opportunities, Paxos Labs has been incubating internally at Paxos over the past six months. Paxos Labs is building easy-to-integrate APIs that allow customers to integrate DeFi products without having to internalize the complexities of DeFi. The initial products of Paxos Labs include issuing custom-branded stablecoins, deploying tokenized yield strategies, and tools for managing structured digital assets.