Crypto 350

2024/08/26 09:15

Paradigm, a leading venture capital firm in the cr

Paradigm, a leading venture capital firm in the crypto space, has announced the close of its third venture fund, a substantial $850 million initiative to support early-stage crypto projects.

Founded in 2018, Paradigm has maintained a strong belief in the transformative potential of crypto technology. “Six years later, that belief has only gotten stronger,” the company stated, highlighting the rapid advancements and widespread adoption of cryptocurrencies.

Paradigm Announces Historic Fundraise to Drive Crypto Innovation and Early-Stage Projects
Paradigm has been in talks about this new fund over the past few months, particularly following the resurgence in crypto markets. According to an announcement made on June 13, the company has successfully closed an $850 million investment fund, marking it as one of the largest crypto fund raises to date.

Paradigm’s notable investments include Uniswap, which revolutionized decentralized exchanges through the use of Automated Market Makers (AMMs), Optimism, which developed a leading model for blockchain scaling, and Flashbots, which redefined block building through the concept of Miner Extractable Value (MEV).

#Contest for HTX Community's Most Popular Post#Share Crypto Stories to Win 400 USDT#Share Your Thoughts on Popular Assets in March

3Compartir