Tagged: paradigm

Paradigm Announces New $850M Venture Fund Focused on Early-Stage Crypto Projects

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

Monad Labs to Support Ethereum Virtual Machine Development and dApps with $225M in Funding

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

Ellipsis Labs Raises $20m in Series A to Propel DeFi Innovation

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

Okcoin, Paradigm Partner on Grant for Bitcoin Core Maintainer Marco Falke

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

Global Tech Trading Firm Optiver Explains Why They Invested in RFQ Platform for Cryptocurrency Options

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

Coinbase Rival FTX US Finalizes $400M Series A Round at $8B Valuation

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

Bahrain based Crypto Exchange Rain Financial Secures $110M via Series B Round

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

TaxBit Secures $130M via Series B at $1.33B Valuation to Transform Outdated, Legacy Tax Information Reporting

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

Blockchain Analysis Firm Chainalysis Scores $100 Million Through Series D Investment Round Led By Paradigm

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

Digital Assets Platform Fireblocks Secures $30 Million Through Series B Funding Round Led By Paradigm

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

New Bitcoin Development Grant has been Awarded by Paradigm to Australian BTC Developer Anthony Towns

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

Uniswap, an Ethereum-based Non-Custodial Cryptocurrency Exchange, Launches Second Version of Protocol

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

Temasek, Paradigm and Slow Ventures Join the Libra Association

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

Decentralized Finance: Researchers at Paradigm Publish Whitepaper Describing Fixed-Interest Rate DeFi Protocol

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

Paradigm Is Biggest Winner of MakerDAO Lending System’s MKR Governance Tokens, to Cover $4.5 Million of Undercollaterized Debt

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

UK-based Argent, a Digital Asset Wallet Provider, Secures $12 Million in Funding via Series A Round

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

Tendermint Scores $9M Series A Round & Leads Interchain Foundation’s New Cosmos Network

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

Kickstarter Takes a Look Back At Its First Year in The Land Down Under By Sharing Top Video Game Campaigns

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

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