3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans

Paradigm and Founders Fund each invested $7 million, the crypto-savvy DJ told CoinDesk, with Paradigm’s Fred Ehrsam joining the board.

Business  ·  26 August 2021

Ex-CIA Director Says Criminals Will Move Away From Bitcoin in New Lobbying Group’s First Report

The new Crypto Council for Innovation hopes to inform and influence regulatory efforts worldwide.

News  ·  13 April 2021

DeFi’s UNI Token Jumps 92% in One Week, Passes $15

Uniswap's UNI token has nearly doubled its price in 7 days. The decentralized exchange is seeing volumes higher than last summer, too.

Markets  ·  27 January 2021
Venture Capital

Digital Asset Firm Fireblocks Raises $30M to Gird for ‘Influx in Customer Demand’

Fireblocks plans to maintain its standing as “the biggest player in crypto-native markets” but also wants to go after institutional players.

Business  ·  18 November 2020

This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’

Newly launched DeFi lending project Yield Protocol is offering stable interest rates for investors.

Tech  ·  27 October 2020

ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi

Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.

Tech  ·  5 August 2020

First State-Owned Entity Joins Libra Association

Temasek, one of Singapore’s two state-owned investment vehicles, is among the latest firms to join the Libra Association, the consortium Facebook set up to create a global digital currency.

News  ·  14 May 2020

Makers of Keep Protocol Raise $7.7M to Bring Trustless BTC to DeFi

Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.

Tech  ·  2 April 2020

Paradigm Labs Shuts Down, Says It Was ‘Too Early’ for DeFi Boom

Paradigm said it found it difficult "carve a viable niche" the rapidly evolving DeFi space.

Business  ·  11 March 2020

Paradigm Leads $12M Round for DeFi-Friendly Wallet Startup

The DeFi-friendly Argent wallet just raised $12 million.

Business  ·  9 March 2020

Dragonfly Capital, Paradigm Buy $27.5M Stake in Governing MakerDAO’s Future

Combined, the VCs have the second largest private stake in the MKR ecosystem.

News  ·  19 December 2019
Venture Capital

Coinbase, Paradigm Invest $15 Million in Startup Behind Disappearing Blockchain

Made by the startup O(1) Labs, the lightweight Coda protocol is adding more big-name investors to its cap table.

Markets  ·  4 April 2019