Monad Labs Archives - Coin Engineer https://coinengineer.net/blog/tag/monad-labs/ Btc, Coins, Pre-Sale, DeFi, NFT Tue, 12 Mar 2024 13:04:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Monad Labs Archives - Coin Engineer https://coinengineer.net/blog/tag/monad-labs/ 32 32 Monad Labs Looks to Secure $200 Million in Funding Led by Paradigm https://coinengineer.net/blog/monad-labs-looks-to-secure-200-million-in-funding-led-by-paradigm/ https://coinengineer.net/blog/monad-labs-looks-to-secure-200-million-in-funding-led-by-paradigm/#respond Tue, 12 Mar 2024 13:30:47 +0000 https://coinengineer.io/blog/?p=15261 Monad Labs, a blockchain startup aiming to build a faster competitor to Ethereum, is reportedly in talks to raise over $200 million in funding. Paradigm, a leading venture capital firm in the crypto space, is expected to lead the funding round with a $150 million pledge. This would value Monad Labs at $3 billion. Paradigm has

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]]> Monad Labs, a blockchain startup aiming to build a faster competitor to Ethereum, is reportedly in talks to raise over $200 million in funding.

  • Paradigm, a leading venture capital firm in the crypto space, is expected to lead the funding round with a $150 million pledge. This would value Monad Labs at $3 billion.
  • Paradigm has reportedly been gauging interest from other investors since late 2023 to potentially top off their contribution.
  • The targeted raise is poised to be the largest in the blockchain industry in recent months, surpassing the previous record of $110 million secured by Blockchain.com last fall.

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