Paradex
Latest round
- Seed
Last raised
- Jan 2018
Total raised
- Undisclosed
Investors
- 3
About Paradex
Paradex is a cryptocurrency trading platform that enables users to easily and securely exchange digital assets.Paradex, founded in 2017, operates as a cryptocurrency trading platform designed for users to exchange digital assets seamlessly. The company's headquarters is located in New York, US., although the financial details of the deal were not disclosed. The company has been part of a strategy to enhance Coinbase's offerings in the crypto trading space.Paradex offers a cryptocurrency trading platform that allows users to buy, sell, and exchange various digital assets. The platform connects users to facilitate peer-to-peer transactions, providing a secure environment for cryptocurrency trades.Paradex generates revenue through transaction fees levied on trades conducted via its platform. The fee structure varies based on transaction type and volume, ensuring flexibility for users engaging in crypto exchanges.After its acquisition by Coinbase in May 2018, Paradex aims to leverage resources for expanding its product offerings, including enhancing its trading technology and user interface. Plans are in place to target new geographic markets for expansion, focusing on regions that have shown increasing interest in cryptocurrency trading. The recent acquisition is expected to support these initiatives, allowing Paradex to integrate with Coinbase's extensive network and financial backing.
Who invested in Paradex
3 investors across 1 round
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Funding rounds
Seed
Jan 13, 2018
Amount
Undisclosed
Investors
Questions about Paradex
Who invested in Paradex?
Paradex has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Paradex raised?
Paradex has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Paradex last raise money?
Paradex's most recent round on record is a Seed, in Jan 2018.
What does Paradex do?
Paradex is a cryptocurrency trading platform that enables users to easily and securely exchange digital assets.
Where is Paradex headquartered?
Paradex is headquartered in New York, US.
Which VCs invest in companies like Paradex?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Paradex's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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