Paradigm raised a $1.2 billion fourth fund for crypto, AI, robotics and frontier tech, testing whether crypto VC can expand without abandoning digital assets.
Morpho raised $175 million from Paradigm, a16z crypto, Ribbit and major strategic investors as onchain credit becomes a fresh institutional DeFi target.
Kraken and Tempo announced a stablecoin payments partnership, giving Tempo builders exchange liquidity, custody, on/off-ramps and listings support.