paradigm

Deal to allow “cash-and-carry” trades follows liquidity platform’s integrations with Bybit and Deribit in February

Insiders at major companies such as Coinbase and MicroStrategy seem eager to capitalize on a potential crypto rebound

Venture capital firm Paradigm led the raise

The largest buzz came from Electric Capital with its $1 billion raise for two new funds focused on crypto ventures and tokens

Chicago-based market maker is looking to extend its reach to crypto

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

The investment will be used to “continue investing in the next generation of crypto companies and protocols,” the company’s Co-founders Matt Huang and Fred Ehrsam wrote in a blog.

The San Francisco-based company raised $10 million in Series B funding in late January.