Phantom crypto wallet raises $150M in Series C at $3B valuation
Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.This post was originally published on this site
Ex-Paradigm investor raises $75M for new frontier-tech venture firm
Former Paradigm investment partner Casey Caruso’s Topology was backed by Andreessen Horowitz executives, an OpenAI founder and Paris Hilton.This post was originally published on this site
Paradigm calls on European markets regulator to show nuance regarding MEV
The venture capitalist firm said ESMA’s approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas.This post was originally published on this site
Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in its seed funding round led by Paradigm and Cyber.fund, which will be used to further its decentralized mission. Symbiotic Restaking Protocol Raises $5.8 Million in […]
Paradigm Secures $850 Million for Third Crypto Fund, Targets Early-Stage Projects
On June 13, the leading San Francisco-based crypto-focused venture capital firm Paradigm revealed it has secured its third fund, totaling $850 million, aimed at early-stage crypto projects. Paradigm Announces $850 Million Fund Established in 2018 by Coinbase co-founder Fred Ehrsam and ex-Sequoia partner Matt Huang, Paradigm ranks among the leading crypto investment firms, overseeing billions […]
Fred Ehrsam Predicts Future Crypto Growth Driven by Demographic Shifts
In a recent social media post, Fred Ehrsam, co-founder of Coinbase and crypto investment firm Paradigm, predicts that the cryptocurrency market will continue to gain momentum due to the growing influence of younger generations. He points out that ownership of crypto assets is currently highest among the 18-45 age group, with a significant drop-off after […]
Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm
Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds will be used to sustain the project’s development, focusing on growing its user base and enhancing developer tools, after the […]
Degen token surges 17% on Farcaster’s $150M Series A raise
Farcaster, blockchain’s answer to traditional social media, raised $150 million in a Series A funding round led by Paradigm, sending a community token soaring. This post was originally published on this site
Crypto venture capital funding hits $1B for second straight month
It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.This post was originally published on this site
Paradigm Tries Again at Crypto: Seeks to Raise at Least $750 Million to Launch New Fund
Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with third parties to launch a $750 – $850 million crypto-focused investment fund, the largest since its previous $2.5 billion venture fund launched in 2021. Paradigm […]