❗️ Paradigm is negotiating to raise up to $850 million for a

--・31 views

❗️ Paradigm is negotiating to raise up to $850 million for a new crypto fund. 🏢 According to Bloomberg, the venture firm Paradigm is in talks with investors to raise between $750 million and $850 million for a new investment fund. 💰 If the amount reaches $750 million, this fund will become the largest since the crypto market crash in May 2022. 🔍 Previously, in November 2021, Paradigm had already created a venture fund of $2.5 billion specifically for cryptocurrency companies. However, not all bets paid off, as by early 2022 the firm had invested $278 million in the FTX exchange, which subsequently went bankrupt. #Paradigm #Crypto #FTX

❗️ Paradigm is negotiating to raise up to $850 million for a new crypto fund.
🏢 According to Bloomberg, the venture firm Paradigm is in talks with investors to raise between $750 million and $850 million for a new investment fund.
💰 If the amount reaches $750 million, this fund will become the largest since the crypto market crash in May 2022.
🔍 Previously, in November 2021, Paradigm had already created a venture fund of $2.5 billion specifically for cryptocurrency companies. However, not all bets paid off, as by early 2022 the firm had invested $278 million in the FTX exchange, which subsequently went bankrupt.
#Paradigm   #Crypto   #FTX  

Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. См. Правила и условия.

Связанные авторы

LIVE

Gutsul Crypto News

@GutsulCrypto

Другие публикации автора

❗️ Notcoin announced the listing of $NOT on April 20th 🪙 Yesterday, the Notcoin team announced the anticipated listing date for $NOT — April 20th. 👥 Representatives of the Notcoin project mentioned that over the last three months, more than 35 million people have been "mining" Notcoin. 🗓 Earlier, the Bybit exchange reported the "listing" of Notcoin on Pre-Market Trading. 🤔 What are your predictions for the $NOT price at listing? For Telegram, this is a story of prestige, so it's very interesting how much money the project team has prepared to support the price of this "game non-coin." 😄 #Notcoin #NOT #GameFi #Web3 #Web3Games

❗️ The SEC requests public comments on spot Ethereum ETFs from Grayscale, Bitwise, and Fidelity 🏢 Yesterday, the U.S. Securities and Exchange Commission (SEC) requested public comments on proposals for several spot Ethereum ETFs from Grayscale, Bitwise, and Fidelity. 🗣 "The Commission is publishing this notice to solicit comments from interested persons on the proposed rule change submitted by Amendment No. 1," the SEC stated. 🗓 Comments for all three companies must be provided within 21 days. #SEC #Grayscale #Bitwise #Fidelity #EthereumETF

How long will the active growth phase of BTC last after the halving? Despite the current correction, Bitcoin closed March with a green candle. Seven consecutive months of growth indicate a global upward trend. How long can it continue? According to Mark Yusko, CEO of Morgan Creek Capital, the strong upward trend is expected to continue for at least 9 months after the halving. Moreover, towards the end of the bull run, Bitcoin's price growth will become parabolic, similar to previous bull cycles. This time, the cycle peak will be twice the fair value level of $75,000, because market players are using less leverage. So, eventually, we will reach a level of $150,000 per coin. After the halving, the daily production of BTC will decrease from 900 to 450 coins. A twofold drop in inflation is a positive event, unparalleled in the world of traditional finance.

Venture capital investments in cryptocurrency surged by 52.5% in March Investments amounting to $1.16 billion were primarily directed towards infrastructure and DeFi projects. According to RootData, most of the funded projects are based in the USA. 📅 In March, there were 180 investment announcements — the highest monthly figure since April 2022. Among these, the majority of projects received investments ranging from $1 million to $10 million. 🇻🇨 An example of significant investment was Ethereum Layer-2 Blockchain Optimism, which raised $89 million through a private token sale. It was followed by cryptographic startup Zama with a Series A round of $73 million. Author's comment: In this market phase, I'm acting similarly and investing more in venture projects. They carry a heightened risk but also a high earning potential. Mainly, this involves anything related to retrodrops and early-stage project entries.

The cost of servicing the U.S. debt continues to soar into the stratosphere — BofA

Другие публикации автора

Последние новости