The Crypto Protocol Trying to Unite Every Exchange Order Book

Imagine the liquidity of every crypto exchange, but in one giant pool – one all-seeing order book that listed every conceivable bid and ask for any asset.

That’s the promise of a new startup announcing its equity seed round Tuesday exclusively with CoinDesk. Led by Polychain Capital, with participation by Dragonfly Capital Partners and Chapter One, the Paradigm Foundation has raised $1 million to build a decentralized order book open to anyone that wants to trade crypto.

It’s all part of a plan Paradigm’s CEO, Liam Kovatch, calls the company’s mission “to create open, borderless, and efficient global markets.”

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