Tag - paradigm

Paradigm targets $850m crypto fundraiser

Paradigm is looking to raise new funds for crypto investments as venture capitalists flock back to the burgeoning digital asset industry. Crypto investment company Paradigm has plans to raise as much as $850 million for a fresh fund following Bitcoin’s recovery beyond an all-time high and cryptocurrency’s ascent near its 2021 peak, Bloomberg reported on April 2. According to RootData,...

Paradigm invests $1b in Merkle Manufactory, boosts Farcaster network

Merkle Manufactory, the brains behind the Farcaster network, is reportedly on the brink of securing a major funding round that values the company at approximately $1 billion. This development, first reported by Bloomberg, is a significant milestone for the Los Angeles-based firm. Former Coinbase executives Dan Romero and Varun Srinivasan co-founded the company in 2020. Now, it is poised to hit...