Bahrain-based cryptocurrency exchange Rain Financial has raised $110 million in a Series B funding round co-led by Paradigm and Kleiner Perkins, according to a press release shared with CoinDesk. The company will use the capital to pursue licensing in additional countries, enhance its technology platform and expand the team. Source link … [Read more...] about Paradigm Leads $110M Investment in Bahrain’s First Licensed Crypto Brokerage
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Citadel Securities takes in $1.15B investment from Sequoia and Paradigm
Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment in the market maker, bringing its valuation to $22 billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel Securities’ shift toward new asset classes such as crypto.Sequoia, who led the round, with investment from Sequoia Heritage, Sequoia … [Read more...] about Citadel Securities takes in $1.15B investment from Sequoia and Paradigm
[SPONSORED] A Paradigm Shift in Mining
The ever-dynamic crypto mining industry has been even more active following China’s crackdown. The global hashrate has largely shifted to North America, making the US a key international mining hub where institutions now take central stage. This new demographic of miners have special requirements, which Foundry has been catering to through its rapidly growing Foundry USA Pool … [Read more...] about [SPONSORED] A Paradigm Shift in Mining
Crypto Derivatives Firm Paradigm Raises $35M From Jump Capital, Alameda Ventures, Others
Paradigm, a firm that provides liquidity to crypto derivatives traders, raised $35 million in a Series A funding round co-led by Jump Capital and Alameda Ventures.The round values the firm at $400 million, Paradigm said in a press release on Thursday.Over 25 other investors also participated in the Series A, including Genesis Trading, QCP Capital, Nexo and Optiver US. Genesis … [Read more...] about Crypto Derivatives Firm Paradigm Raises $35M From Jump Capital, Alameda Ventures, Others
Crypto Venture Firm Paradigm Announces $2.5B Fund, Industry’s Largest
The venture firm launched by Coinbase co-founder Fred Ehrsam now has $2.5 billion for placing bets on the next generation of leading crypto projects.Paradigm announced Monday the completion of its fundraising efforts. CoinDesk reported in October that the firm was raising around $1.5 billion, according to investor documents seen at the time.“This new fund will invest alongside … [Read more...] about Crypto Venture Firm Paradigm Announces $2.5B Fund, Industry’s Largest