Category: Paradigm

FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation To $18 Billion

FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a…

Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans To ‘Launch A Mobile Application’

The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will…

Andreessen Horowitz Discusses Raising Third Crypto Fund To $2 Billion, Sources Say

In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz…