Paradigm Targets Up to $850 Million for New Crypto Fund
Key Takeaways Paradigm is aiming to raise between $750 and $850 million for a new crypto investment fund; The fundraising efforts are happening during a bullish phase in the crypto market, bolstered by regulatory approvals like the SEC's nod for Bitcoin ETFs; There's been a significant increase in venture capital investment into crypto projects, with a reported 52.5% rise in March.
Key Takeaways
- Paradigm is aiming to raise between $750 and $850 million for a new crypto investment fund;
- The fundraising efforts are happening during a bullish phase in the crypto market, bolstered by regulatory approvals like the SEC's nod for Bitcoin ETFs;
- There's been a significant increase in venture capital investment into crypto projects, with a reported 52.5% rise in March.
