Paradigm Leads $7M Round for Optimism-Based Startup Conduit

Paradigm is one of the titans of the crypto venture capital industry, raising a then-record $2.5 billion for a new fund during the tail end of the bear market in Nov. 2021, which has since been topped by Andreessen Horowitz. Conduit has close ties to Paradigm – Andrew Huang is the brother of Paradigm co-founder and managing partner Matt Huang, who recused himself from the investment process. Andrew Huang also spent eight weeks as an entrepreneur in residence at the firm.

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• Source: https://www.coindesk.com/business/2023/03/28/paradigm-leads-7m-round-for-optimism-based-startup-conduit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines