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. A source told The Block that two more filings would become public in the coming days that would complete the round. The publication said the round carried a $1 billion valuation. A Flashbots spokesperson declined to confirm that figure to CoinDesk.