Search Results for: Paradigm

June 14, 2024 @ 12:07 pm By Omar Faridi  |  

Paradigm has raised their third fund, which is reportedly an $850 million venture fund focused on crypto projects at the earliest stages. When they founded Paradigm in 2018, they believed that crypto would be “one of the most important technical and economic shifts of the… Read More

May 21, 2024 @ 8:41 am By Omar Faridi  |  

OKX are pleased to announce that they have invested in Bitlayer, which is describe as the first Bitcoin security-equivalent Layer 2 based on BitVM. Bitlayer aims to scale the Bitcoin network’s transaction capability. Advocating for the Taproot and BitVM technologies, Bitlayer has “adopted the Discreet… Read More

August 13, 2023 @ 11:48 pm By Omar Faridi  |  

Pension fund net-zero transition plans are “dramatically” underestimating the risks and opportunities presented by climate change, industry experts claim. A new report from the Economics of Energy Innovation and System Transition (EEIST) project, led by the University of Exeter, argues “for fundamental change in the… Read More

January 23, 2023 @ 4:20 pm By Omar Faridi  |  

Okcoin and Paradigm have awarded a joint grant to Open Source Bitcoin Core maintainer Marco Falke. With this grant, Okcoin and Paradigm will “provide Falke with a livable income as he works on this open-source, decentralized project.” This is the third consecutive year that Okcoin… Read More

May 9, 2022 @ 4:09 pm By Omar Faridi  |  

Modularized blockchains may offer higher performance and lower costs over time, which could “spur other public chains to implement the same strategy.” This, according to a report by Huobi Research Institute titled “How the Data Availability Layer can Shape the Future of Blockchain.” With the… Read More

March 27, 2022 @ 7:17 pm By Adam Putz, PhD,  |  

The blistering pace of venture capital deployment has emerged as one of the more salient investment themes from the pandemic. As Fred Wilson, partner at Union Square Ventures, observes, “It is tempting to mourn the loss of careful and considered investing but from where I… Read More

November 16, 2021 @ 3:43 pm By Tony Zerucha  |  

Paradigm, a firm investing in cryptocurrency-based startups, said this week it has raised $2.5 billion from investors to create the largest-ever cryptocurrency investment fund. If true, it would kick Andreessen Horowitz out of the top spot. The sum also surpasses the initial $1.5 billion target…. Read More

March 26, 2021 @ 10:43 pm By Samantha Hurst  |  

Blockchain analysis company, Chainalysis, announced on Friday it raised $100 million through its Series D funding round, which was led by Paradigm with participation from TIME Ventures, the investment fund for Marc Benioff, along with previous investors Addition and Ribbit. Chainalysis reported that it is now… Read More

March 2, 2021 @ 3:03 pm By JD Alois  |  

TaxBit has announced a significant $100 million Series A funding round led by Paradigm and Tiger Global with participation from a long list of big names. Investors in TaxBit include PayPal Ventures, Winkelvoss Capital, Coinbase Ventures, Bill Ackman, Qualtrics co-founder and chairman Ryan Smith, Anthony… Read More

November 18, 2020 @ 10:18 am By Samantha Hurst  |  

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, announced on Wednesday it secured $30 million through its Series B funding round, which was led by Paradigm with participation from existing investors, Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency… Read More

October 19, 2020 @ 10:24 am By JD Alois  |  

This past week, the ambitious Filecoin project finally went live. Filecoin seeks to become the world’s largest decentralized storage network. Several years ago, Filecoin raised capital via CoinList in a token offering that raised over $200 million. CoinList was one of several listing marketplaces and… Read More

July 14, 2020 @ 11:39 pm By Omar Faridi  |  

San Francisco-based Paradigm, a digital asset investment company, has reportedly awarded a Bitcoin Core development grant to Anthony Towns, an Australian BTC developer. The cryptocurrency investment firm is well-known for backing Argent, the developers of an Ethereum wallet for decentralized finance (DeFi). Paradigm also supports… Read More

May 14, 2020 @ 7:28 pm By JD Alois  |  

The Libra Association has added three new members: Temasek, Paradigm, and Slow Ventures. Launched by Facebook, the Libra Association is a Switzerland-based independent entity seeking to launch a blockchain-based payment system. Recently, Libra tweaked its white-paper backing away from its original intent to launch a… Read More

May 10, 2020 @ 5:29 pm By Omar Faridi  |  

A researcher from digital asset investment company, Paradigm, has co-published a whitepaper that describes a new type of decentralized finance (DeFi) lending protocol, which promises fixed-interest rates. Dan Robinson and Allan Niemberg, the authors of the Yield Protocol whitepaper, officially announced the initiative on May… Read More

April 3, 2020 @ 4:09 pm By Omar Faridi  |  

Thesis, the developers behind the Keep protocol, have acquired $7.7 million in capital through an investment round led by Paradigm Capital. Collaborative Funds and Fenbushi Capital also took part in the round. Thesis, which mainly serves as a venture production studio, is planning to introduce… Read More

April 1, 2020 @ 11:39 pm By Omar Faridi  |  

San Francisco-based Paradigm, a digital asset investment firm, is reportedly the biggest winner of several MKR governance token auctions which were meant to cover about $4.5 million of undercollateralized debt. The auctions, which took place between March 19 and March 28, 2020, managed to raise… Read More

March 11, 2020 @ 9:19 am By Omar Faridi  |  

Paradigm Labs, a decentralized finance (DeFi) initiative supported by Polychain Capital, Dragonfly Capital, and Chapter One Ventures, has decided to close down its operations. Liam Kovatch, chief executive at Paradigm, noted that the project is shutting down because the initiative’s developers were unable to identify… Read More

March 9, 2020 @ 10:25 am By Samantha Hurst  |  

Argent, a UK-based crypto wallet platform, announced on Monday it secured $12 million through its Series A funding round, which was led by Paradigm with participation from Index Ventures, Creandum, and firstminute. Launched in 2018, Argent claims it built the first crypto wallet with the… Read More

February 15, 2020 @ 12:00 pm By Omar Faridi  |  

Leading US-based crypto venture capital funds are investing in a relatively small Asian digital asset firm that claims that it has facilitated the trade of $100 billion in crypto-assets since 2018.  Paradigm, Pantera Capital, Coinbase Ventures, Fenbushi Capital, Polychain Capital, and Blockchain.com have collectively invested… Read More

February 15, 2018 @ 6:10 pm By JD Alois  |  

Investment banking is a highly profitable business. Goldman Sachs, perhaps the most prominent investment bank in the world, raked in $32 billion during fiscal 2017 with the majority of this revenue driven specifically by investment banking. Yet arguably, much of the value that is provided… Read More