Paradigm led a $15 million Series A funding round for Global Token Exchange (GTE), a decentralized exchange (DEX).
This investment comes as Bitcoin (BTC) trades at $103,789, up 4.26% from the previous close, with Ethereum (ETH) at $2,343.30, up 7.02%. The market saw over $1 billion in liquidations after Bitcoin fell below $100,000 on Sunday.
Paradigm's investment in GTE aims to create a DEX that matches the speed of centralized exchanges. The firm also invested $50 million in Nous Research in April 2025 and $41 million in Across Protocol in March 2025.