Alameda Ventures, Jump Capital Co-led $35M Series A for Paradigm.co

The capital raise brings Paradigm’s valuation to $400 million

article-image

Blockworks exclusive Art by Axel Rangel

share
  • “This funding round allows us to continue building out our network of institutional traders, CeFi exchanges, and DeFi protocols,” Anand Gomes, Paradigm’s co-founder and CEO said in a statement
  • Paradigm has increased trading volume on its network by 1,300% year-over-year to $10 billion in total volume traded per month, it said

Paradigm.co, the liquidity and communications platform for institutions and professional traders, has closed a $35 million Series A round co-led by Alameda Ventures and Jump Capital, bringing its valuation to $400 million, the institutional liquidity network announced Thursday. 

Other investors include Genesis Trading, QCP Capital, Nexo, Optiver US, IMC, GSR Markets, Akuna Capital, Babel Finance, MGNR, Avon Ventures, CMT Digital, executives at Goldentree Asset Management and Amber Group. 

“This funding round allows us to continue building out our network of institutional traders, CeFi exchanges, and DeFi protocols, while also enhancing our 24/7 customer support, and expanding upon our current product offerings to better accommodate the needs of our clients,” Anand Gomes, Paradigm’s co-founder and CEO said in a statement.

Paradigm’s network is for derivatives traders across centralized finance and DeFi. It works with about 600 institutions and has increased trading volume on its network by 1,300% year-over-year to $10 billion in total volume traded per month, it said. 

“We are super excited to be working with all our new investors, most of whom are already clients of Paradigm,” Gomes told Blockworks. “These strategic partnerships will help us accelerate our growth towards our goal of becoming the largest institutional liquidity network in crypto,” Gomes said. 

This story was updated at 8:45 am ET to remove mention of Paradigm, the unrelated investment firm.


Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Monad SR Report Graphic.png

Research

Monad is a new Layer 1 blockchain designed as a high performance, EVM-compatible platform.

article-image

Engineers from MetaMask, Coinbase, Google, and the Ethereum Foundation make the case for onchain AI agents via ERC-8004

article-image

Legacy payments firm partners with Anchorage Digital to issue a dollar-pegged token under new US stablecoin law

by Blockworks /
article-image

As Solana ETFs launch but network REV trends lower, Jito sits at the intersection of new capital inflows and microstructure improvements

article-image

The Truth Social parent will integrate Crypto.com Derivatives North America, allowing users to trade prediction contracts under federal oversight

by Blockworks /
article-image

Partnership surpasses $2 billion in staked assets and adds support for new Proof-of-Stake networks

by Blockworks /
article-image

The tokenization leader will merge with Cantor Equity Partners II, becoming the first public firm focused on securities tokenization

by Blockworks /