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10 Things You Didn't Know About Charles Cascarilla

Charles Cascarilla

Charles Cascarilla is an American businessman and entrepreneur. He is the CEO of Paxos, an up-and-coming financial technology business. Mr. Cascarilla is a successful leader who has developed a solid career for himself. We were interested in learning more about him and the secrets to his success in starting and growing successful companies. When looking into his personal and career history, we made some interesting discoveries about him. Here are 10 things you probably didn't know about Charles Cascarilla.

1. Charle Cascarilla attended Saint Ignatius High School

According to LinkedIn, Charles grew up in Cleveland, Ohio. He attended a prestigious private school called Saint Ignatius High School. He entered his freshman year at the institution that was established as a Jesuit school in 1886, in the Fall of 1991. He was successful in completing his studies, graduating in 1995.

2. He is a Notre Dame alumni

Mr. Cascarilla had plans for his future and it included a solid educational foundation to help him prepare for a career in the financial sector of the business world. He applied for acceptance to the University of Notre Dame and was accepted. The Fall after graduating from St. Ignatius, he began classes, studying in the field of finance. He completed his Bachelor of Business Administration degree with a concentration in Finance in 1999, just three years after starting the program.

3. Charles got a job right out of college

Charles Cascarilla is not one to waste time or let the grass grow under his feet. He uses his time to his advantage and has been career-focused most of his life. After graduating from Notre Dame, he was hired at Bank of America in 1999. While there he worked as an analyst for the financial institution. He was employed there for less than a year when a better opportunity presented itself.

4. He worked for Goldman Sachs

When a position opened up with Goldman Sachs, Charles saw a chance to step up his career and gain valuable experience at a well-known and desirable firm. He applied for and was hired as a financial analyst for the Goldman Sachs firm in January of 2000. He remained in the position for 1 year and 9 months before seeing yet another opportunity to advance his career. He took the skills and knowledge he gained at Goldman Sachs and applied it to yet another move up, leaving the New York City form in September of 2001.

5. Cascarilla worked for Claiborne Capital Management

Charles took advantage of the opportunity to work as a portfolio manager for Claiborne Capital Management. He was hired for the position in 2021, leaving Goldman Sachs for a job with more responsibility to help build his resume. He worked in this capacity for the company for 3 years, leaving the post in 2004 for yet another exciting career adventure.

6. He co-founded his first company in 2004

You won't find any gaps in Charles Cascarilla's resume. He didn't leave one job until he had another lined up. When he left Claiborne Capital Management it was to co-found a company of his own. He and a partner established a company called Cedar Hill Capital Partners in 2004. He served the firm as Head of Research, portfolio manager, and co-founder, managing a variety of funds. He gained experience with hedge, venture, and private equity funds with a focus on global financial services. Cascarilla spent 10 years at the company and left in January of 2014.

7. Charles Cascarilla is a serial entrepreneur

In July of 2012, Charles took on the role of Partner at Liberty City Ventures. This fund was a spinoff of Cedar Hill Capital Partners. He has served as a partner for the past 8 years and 10 months and continues to work with visionary entrepreneurs who lead disruptive tech startups in the mobile and internet niches of the industry. In addition to founding this fund, he also founded the Association for Digital Asset Markets (ADAM) in 2018. He continues as a founding board member of the organization in the greater New York area.

8. Charles Cascarilla is also the founder of Paxos

In addition to serving as the chief executive officer of Paxos Charles is also a co-founder. The company was established in 2014. He has been actively involved with the firm for the past 7 years at its location in the Greater New York City area. This is a state-regulated financial institution that is disrupting the global economy with a frictionless approach to finance. Paxos is instrumental in building an infrastructure that enables smooth movement between digital and physical financial assets including digitized commodities, securities, and money for instantaneous movement. Paxos is the first digital asset-regulated trust company that enables actions to take custody, trade, settle, and tokenized assets. The firm has confirmed more than $1 trillion in FX trades and commodities.

9. Charles Cascarilla is also a philanthropist

According to Rosenblatt Securities, Mr. Cascarilla takes time from his busy schedule to support worthy causes and charities. he serves on multiple charity boards in an advisory capacity. He is a board member of The Centurion Foundation as well as for Project ALS, and others.

10. Charles Cascarilla is called the PayPal Whisperer

According to Coindesk, Mr. Cascarilla is brilliant as an analyst and one of his specialties in crypto brokerage services. Paxos is a crypto firm that has exceeded the size and success of its nearest competitors Bitstamp and Coinbase. Through Paxos, he has made it possible for PayPal to become involved in the digital assets scene. In an interview with Coindesk, he confirmed that PayPal is using Paxos to move into this segment of the financial industry and it's a partnership that is working well for everyone involved. This is something that PayPal was looking to do anyway, but Paxos has provided the necessary services and it proved to be a more attractive partner for PayPal than the others in the niche.

Allen Lee

Written by Allen Lee

Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language.

Read more posts by Allen Lee

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