TLDR:
- Paradigm, a crypto venture capital firm, appoints David Swain, former Facebook and Instagram executive, as its new chief marketing officer.
- Swain’s appointment comes after Paradigm raised $850 million for its fund and reaffirmed commitment to supporting blockchain startups.
In a recent move, crypto venture capital firm Paradigm has named David Swain, a seasoned tech executive with experience at Facebook and Instagram, as its new chief marketing officer. Swain’s background includes leadership roles in global communications and partnerships at notable tech companies, making him a strategic addition to Paradigm’s team. The appointment aligns with Paradigm’s continued focus on supporting innovative blockchain startups and emerging technologies like artificial intelligence.
Swain expressed his enthusiasm for joining Paradigm, citing his belief in the transformative potential of cryptocurrency and his extensive experience in the tech sector. Alana Palmedo, Paradigm’s managing partner and chief operating officer, praised Swain’s understanding of technical breakthroughs and highlighted his valuable perspective for the firm’s portfolio and the broader crypto industry.
Swain’s appointment comes shortly after Paradigm’s successful fundraising efforts, which saw the firm raise $850 million for its fund. Co-founder Matt Huang emphasized Paradigm’s enduring belief in the importance of crypto as both a technical and economic shift. Throughout 2024, Paradigm has played a key role in funding major crypto projects, including leading investment rounds for blockchain developers like Monad and decentralized social networking protocols like Farcaster.
With Swain’s expertise in communication and outreach, his new role at Paradigm is expected to enhance the firm’s efforts in engaging with the crypto community and supporting the next generation of crypto innovators. His appointment reflects Paradigm’s commitment to driving innovation in the crypto space and supporting promising projects that align with the firm’s vision.
