Monad Labs, which is building a Layer 1 blockchain to rival Ethereum and Solana, raised $225M led by Paradigm and plans to launch its mainnet by the end of 2024 (Leo Schwartz/Fortune)https://fortune.com/crypto/2024/04/09/monad-parad…
Paradigm leads $225 million round for Monad Labs, which is building a layer-1 blockchain to take on Ethereum and SolanaThe crypto firm founded by ex-Jump Crypto traders also received investment from Electric Capital and Neil Mehta's Greenoaks Capital.