Paradigm Announces $35M Series A Strategic Financing Co-Led By Jump Capital And Alameda Ventures

Dec 09, 2021•over 3 years ago

Amount Raised

$35 Million

Round Type

series a

TransportationFinancial ServicesOtherSoftware

Description

Paradigm ("the Company"), the zero fee, institutional liquidity network for derivative traders, today 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 to institutional buyers and sellers for large and/or complex derivatives trades across both CeFi and DeFi markets.

Company Information

Company

Paradigm

About

Paradigm is a zero-fee, institutional liquidity network for derivatives traders across CeFi and DeFi. The platform provides traders with unified access to multi-asset, multi-protocol liquidity on demand without compromising on execution preferences, costs and immediacy. The firm's mission is to create a platform where traders can trade anything, with anyone and settle it anywhere. Paradigm has the largest network of institutional counterparties in crypto with over 600 institutional clients trading over $10 B per month including Hedge Funds, OTC Desks, Lenders, Structured Product Issuers, Market Makers, and prominent Family Offices. For additional information on Paradigm, visit: https://www.paradigm.co/

FundzWatch™ Score

Medium Activity

Funding Insights

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