Paradigm leads $9M Series A in LatAm stablecoin payments app El Dorado
Paradigm doubles down on Latin American stablecoin payments infrastructure via El Dorado, which runs on Tempo (a Paradigm-Stripe incubated L1), signaling conviction in LatAm cross-border remittance as a high-growth DeFi wedge.
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Related moves
Coinbase Ventures makes strategic investment in Re, onchain reinsurance protocol with $500M in premiums issued
Coinbase Ventures entering onchain reinsurance — a licensed entity with $500M in issued premiums — is a high-conviction RWA bet on one of the largest and most opaque traditional finance markets; strategic designation suggests board or advisory alignment beyond a purely financial check.
Coinbase Ventures invests in Multipli, the leading RWA tokenized credit protocol on Base with ~$300M AUM
Coinbase Ventures backing the top RWA protocol by AUM on its own chain via the Base Ecosystem Fund is a direct on-strategy move to reinforce Base as the preferred venue for tokenized real-world credit.
- FundingJun 17Gradient Network
Gradient Network raises $10M seed to build decentralized AI runtime on Solana, led by Pantera and Multicoin
Singapore-based Gradient Network secured $10M to run AI inference across distributed consumer devices rather than centralized data centers, using Solana for coordination and micropayments — a new entry in the decentralized compute sector worth tracking.
Coinbase Ventures participates in CoinFund-led $32M Series A for stablecoin payments infrastructure startup Trace Finance
A second Coinbase Ventures stablecoin-payments check this week reinforces the firm's stated 2026 priority of backing regulated, institutional payment rails — Paxos co-investment suggests stablecoin issuer alignment.