AS CRYPTO MARKET REBOUNDS, VENTURE CAPITAL FUNDS RAISING BILLIONS
DIGITAL CURRENCY MARKET IS SET TO GET A BOOST AS NEW AREAS OPEN
29-04-2024 11:44 GMT-0000
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With the rebound of the cryptocurrency market, there is a notable resurgence in fundraising activities, suggesting growing investor confidence. Paradigm, a prominent player in the crypto-focused venture capital sphere, is reportedly in discussions to secure an investment ranging between $750 million to $850 million. This potential funding round, if successful, would mark a significant milestone in the post-crash era, potentially signalling renewed faith in crypto-related ventures. Notably, this follows Paradigm's record-breaking $2.5 billion fundraising effort in 2021.