Paradigm and Founders Fund each invested $7 million, the crypto-savvy DJ told CoinDesk, with Paradigm’s Fred Ehrsam joining the board.
The new Crypto Council for Innovation hopes to inform and influence regulatory efforts worldwide.
Uniswap's UNI token has nearly doubled its price in 7 days. The decentralized exchange is seeing volumes higher than last summer, too.
Fireblocks plans to maintain its standing as “the biggest player in crypto-native markets” but also wants to go after institutional players.
Newly launched DeFi lending project Yield Protocol is offering stable interest rates for investors.
Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.
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.
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.
Paradigm said it found it difficult "carve a viable niche" the rapidly evolving DeFi space.
The DeFi-friendly Argent wallet just raised $12 million.
Combined, the VCs have the second largest private stake in the MKR ecosystem.
Made by the startup O(1) Labs, the lightweight Coda protocol is adding more big-name investors to its cap table.