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.