Merkle Manufactory, founded by former Coinbase executives Dan Romero and Varun Srinivasan, is close to finalizing a funding round that would value the company at approximately $1 billion. The crypto investment firm Paradigm is reportedly spearheading this investment. In a social media post, Romero shared that the startup is currently raising funds, but did not disclose the exact amount. Source: Coin Edition.
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