TLDR:
- David Swain, a veteran of Instagram and Facebook, has joined crypto VC Paradigm as its chief marketing officer.
- Swain’s move to Paradigm follows the firm raising $850 million for its third fund in June.
The article discusses David Swain’s recent appointment as Chief Marketing Officer at Paradigm, a prominent crypto venture capital firm. Swain, known for his previous roles at Instagram and Facebook, brings a wealth of experience to Paradigm. His appointment comes shortly after the firm raised $850 million for its third fund, signaling its commitment to investing in early-stage crypto projects.
Swain expressed excitement about the fast pace of development in the crypto industry and his belief in the transformative potential of cryptocurrencies. He emphasized the importance of building and investing in this space, drawing parallels between the evolution of the internet and the current state of crypto.
Paradigm, founded in 2018 by noted individuals like Fred Ehrsam, has played a significant role in the crypto investment landscape. Last year, the firm expanded its interests to include frontier technologies like artificial intelligence, while continuing to support crypto startups through substantial funding rounds. With Swain’s addition to the team, Paradigm aims to strengthen its position in the industry.
Overall, Swain’s move to Paradigm highlights the growing interest in cryptocurrencies and the innovative work being done in the space. His expertise and industry connections are expected to benefit the firm as it navigates the evolving landscape of digital assets.
