Paradigm: Raises $35m
- Paradigm automates Over-The-Counter (OTC) crypto trading for institutional crypto traders within a native chat application
- Announced the closing of a $35M Series A funding round
- The round values the company at $400M and was co-led by Jump Capital and Alameda Ventures
- The Company is bridging the infrastructure gap between crypto and traditional finance by serving as a liquidity access point
- Over 25 investors participated in the Series A, including Genesis Trading, QCP Capital, Nexo, Optiver US, IMC, GSR, Akuna Capital
- Investors from previous seed rounds Dragonfly Capital, Digital Currency Group, Vectr Fintech Partners and Mirana Ventures