Tagged: paradigm

August 25, 2024 @ 12:32 pm By Michael Wong  |  

California-based crypto startup Sorella Labs has announced raising $7.5 million in its latest funding round anchored by tech investment firm Paradigm. The round, which will be used to finance the expansion of the startup’s operations and development efforts, was also backed by a host of… Read More

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

April 10, 2024 @ 10:47 am By Omar Faridi  |  

Monad Labs says that it is accelerating the Ethereum Virtual Machine or EVM so that decentralized apps can “eat the world.” The EVM is the standard of web3; over 96% of all capital in DeFi is in EVM apps. In spite of this, EVM-compatible blockchains… Read More

April 5, 2024 @ 9:45 am By Michael Wong  |  

Ellipsis Labs, a player in the development of on-chain exchange technologies, has announced raising a total of $20 million in its Series A funding round. The round was led by Paradigm, with significant contributions from Electric Capital, highlighting strong investor confidence in Ellipsis Labs’ potential… 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

March 8, 2022 @ 8:40 pm By Omar Faridi  |  

Optiver Principal Strategic Investments (PSI) confirmed, earlier last month, that it took part in the Series A funding round for Paradigm, a trading platform for cryptocurrency options and futures. New York-based Paradigm is focused on supporting institutional-level liquidity for cryptocurrency derivatives through their chat-based multi-dealer… Read More

January 27, 2022 @ 8:31 am By Omar Faridi  |  

West Realm Shires Services Inc. (FTX US) has announced the closing of a $400 million Series A round valuing the firm at $8 billion. As mentioned in an update shared with CI, this investment round is notably the first for FTX US and included contributions… Read More

January 23, 2022 @ 10:31 pm By Omar Faridi  |  

Bahrain-headquartered cryptocurrency exchange Rain Financial has secured $110 million in capital via a Series B round. Rain Financial reports that its investment round has been co-led by Paradigm and Kleiner Perkins along with contributions from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, and CMT… Read More

August 13, 2021 @ 3:25 pm By Omar Faridi  |  

TaxBit has raised $130 million in capital through a Series B round at a $1.33 billion valuation in order to “disrupt” legacy tax information reporting. Michell O’Conner, VP of Marketing at TaxBit, says her team is pleased to finalize the massive round that was led… 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

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

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 18, 2020 @ 11:17 pm By Omar Faridi  |  

Uniswap, a widely-used non-custodial digital asset exchange, has revealed that the second version of the decentralized protocol has now been launched. The developers of Uniswap had noted in March 2020 that they would be releasing the second iteration of the decentralized finance (DeFi) protocol. Uniswap’s… 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 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 10, 2020 @ 7:29 am By Omar Faridi  |  

London-headquartered Argent, a digital asset wallet provider that integrates the services of several decentralized finance (DeFi) platforms, including Maker and Compound, has secured $12 million through a Series A investment round. Argent’s funding round was led by San Francisco-based Paradigm, a leading crypto asset investment… Read More

March 14, 2019 @ 1:17 pm By Erin Hobey  |  

The Interchain Foundation, a Swiss non-profit foundation supporting research and development for secure and scalable open-source software, has launched Cosmos Network, a decentralized network of independent, scalable and interoperable blockchains. The Foundation views the Cosmos Network as the next step in the evolution of blockchain… Read More

October 31, 2014 @ 1:01 pm By Samantha Hurst  |  

In celebration of its first year in Australia and New Zealand, crowdfunding giant Kickstarter shared its favorite video game campaigns from the land down under. On Thursday (October 30th), Kickstarter’s Luke Crane took to the platform’s blog and wrote, “It’s been nearly a year since… Read More