Insiders: Paradigm, a Cryptocurrency Venture Capital Firm, in Talks to Raise Over $750 Million for New Fund
Insiders: Paradigm, a Cryptocurrency Venture Capital Firm, in Talks to Raise Over $750 Million for New Fund
Bloomberg reported on Wednesday that Paradigm, a cryptocurrency risk investment company, is in negotiations with investors to raise $750 million to $850 million for a new fund. If the transaction is completed at a value of $750 million, the fund will become the largest in the industry since the market crash. The peak of fundraising for cryptocurrency risk investment funds occurred in May 2022, when venture capital firm Andreessen Horowitz (a16z) raised a $4.5 billion fund. Shortly thereafter, digital asset prices sharply declined, and the industry has since been working to recover from the downturn.
Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users
Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…