Crypto Firm Flashbots Raises $60M in Paradigm-Led Round

The Block first reported on the funding round, citing a July 21 filing with the U.S. Securities and Exchange Commission that showed Flashbots had raised $30,353,089 of a $59,999,919 target. More filings are “expected” to become public soon that would “likely” complete the round, the Block said (an earlier version of its article was more specific and unequivocal, saying that there would be two such filings in coming days for the full amount and citing an unnamed source). The publication said the round carried a $1 billion valuation. A Flashbots spokesperson declined to confirm that figure to CoinDesk.