Dragonfly Capital, Paradigm Buy $27.5M Stake in Governing MakerDAO’s Future
Combined, the VCs have the second largest private stake in the MKR ecosystem.
Temasek, one of Singapore’s two state-owned investment vehicles, is among the latest firms to join the Libra Association, the consortium Facebook set up to create a global digital currency.
Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.
Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.
Paradigm said it found it difficult "carve a viable niche" the rapidly evolving DeFi space.
The DeFi-friendly Argent wallet just raised $12 million.