Paradigm led a $431m funding round in Genesis Digital Assets.

Paradigm, a crypto-focused investment firm, led a $431m funding round in Genesis Digital Assets, a bitcoin mining company. Additional investors include NYDIG, FTX, Ribbit Capital, Electric Capital and Kingsway Capital. "As we work towards our goal of bringing 1.4 gigawatts online by 2023, the capital raised from this round will be used to expand our bitcoin mining operations in locations where clean energy is easily accessible. We're excited to have strategic investors on board and look forward to executing on our mission together," Marco Streng, Genesis Digital Assets CEO and Co-Founder.