Paragon Square Inc. Integrates Cryptocurrency Payments, Pioneering Zero-Commission Marketplace
Paragon Square Inc. has made a bold leap into the future of commerce by announcing the acceptance of cryptocurrency payments and unveiling a suite of partnerships. The company is poised to revolutionize the marketplace for goods, services, and rentals by introducing zero-commission fees for small business owners and embracing cutting-edge blockchain technology.
Revolutionizing E-Commerce with Cryptocurrency Integration
Paragon Square Inc. aims to eliminate hefty transaction fees for small businesses, introducing a 0% commission subscription model. During its May-June 2024 soft launch, over 28,000 businesses signed up for its Goods and Services platform, following a successful six-week marketing campaign. Today, the platform boasts 32,000 users and a growing social media presence with over 8,500 followers.
Scheduled for a full launch in March 2025, the Rentals segment of the platform (V1.01) will further diversify offerings, providing property hosts with a $100/year subscription to replace exorbitant platform fees.
SWIFT Ledger Partnership and Crypto Payments
In December 2024, Paragon Square Inc. partnered with SWIFT Ledger, a Solana blockchain-based cryptocurrency. The partnership enables the use of SWIFT tokens as a payment option, marking the company’s first foray into blockchain-based financial solutions. SWIFT Ledger, which has surpassed 100,000 transactions since its December 2024 launch, is preparing for its first centralized exchange (CEX) listing in January 2025.
Additionally, Now Payments has been integrated into Paragon Square’s ecosystem as its primary cryptocurrency payment processor. This innovation positions Paragon Square as the first open-source marketplace to offer both fiat and crypto payment options across a wide range of goods, services, and rentals.
CEO’s Vision for Small Businesses
Alexander M. Woods-Leo, CEO of Paragon Square Inc., emphasized the platform’s mission to lower operational costs for businesses and empower hosts to manage their listings without unnecessary fees.
“We’re introducing a model where businesses and property hosts don’t lose profits to absurd platform fees,” said Woods-Leo. “Being the first large-scale marketplace to offer both fiat and crypto options is a groundbreaking step.”
Real Estate Ventures Boost Revenue Streams
Paragon Square Inc. is diversifying its portfolio with strategic investments in real estate. The company recently acquired properties generating annual revenue of $100,000, including a 40% stake in a Philadelphia Quadplex and plans for additional projects valued at $300,000 post-completion.
This diversification aligns with the company’s broader strategy of creating value through a combination of innovative marketplace solutions and robust real estate investments.
Regulation CF Offering and Corporate Structure
To fuel its growth, Paragon Square Inc. has launched a Regulation CF offering on Net Capital. Interested investors can explore this opportunity and participate in the company’s vision by visiting its Net Capital portal.
The corporate structure includes:
- Paragon Square Inc. (Parent Company)
- Paris Realty Inc. (90% Owned Subsidiary)
- Paris Properties LLC (Subsidiary of Paris Realty Inc.)
- Paris Portfolio 2 LLC (Subsidiary of Paris Realty Inc.)
By April 2025, the company plans to file its 2024 Annual Report, offering consolidated financials and insights into its growth trajectory.
Safe Harbor Statement
Paragon Square Inc. has issued a forward-looking statement outlining the potential risks and uncertainties associated with its ventures, including market conditions, competition, and the company’s ability to scale its operations. Investors are encouraged to conduct their due diligence.
Contact Information
For media inquiries or additional details:
- Email: alexleo@paragonsquare.ai
- Phone: +1 307-209-4403
Follow Paragon Square Inc. on Social Media:
- Twitter: @RealParagonOne
- LinkedIn: Paragon Square Inc.
- Facebook: Paragon Square
Paragon Square Inc.’s pioneering approach to e-commerce and real estate is setting a new standard for cost-efficiency and innovation, making it a company to watch in 2025.
