Agora has successfully raised $50 million in a Series A funding round led by crypto venture firm Paradigm, with additional backing from Dragonfly Capital. This fresh capital injection will accelerate the rollout of Agora’s comprehensive stablecoin infrastructure and the launch of a white-label product enabling enterprises to issue branded stablecoins ...
Rodrigo Seira, special counsel for Paradigm, a crypto investment firm, has accused the U.S. Securities Exchange Commission (SEC) of overreaching its jurisdiction by attempting to regulate secondary crypto markets. Seira expressed his views in a series of tweets on July 11, 2023, in relation to Paradigm's amicus brief filing on ...
Paradigm, a crypto venture capital firm, has criticized the United States Securities and Exchange Commission (SEC) over its attempts to classify the term "exchange" to include decentralized exchanges (DEXes). The U.S. SEC proposed an amendment to the 1934 Securities Exchange Act that includes DEXes and decentralized financing (DeFi) platforms within the ...
The SEC's continuous crackdown on cryptocurrencies has drawn growing criticism, mainly targeted at its chairman, Gary Gensler. On April 21st, Paradigm, a venture capital firm focused on Web3, published a policy statement outlining its concerns with the SEC's registration process. Paradigm argued that Gensler's attempts to integrate crypto assets that ...
