Irreducible, a crypto startup specializing in zero-knowledge proofs (ZKPs), raised $24 million in Series A funding co-led by Paradigm and Bain Capital Crypto to enhance proof generation efficiency using FPGA-based infrastructure. Meanwhile, D3 Global secured $25 million in a Series A round led by Paradigm to develop the Doma Protocol, a decentralized network connecting web2 and web3 domain extensions, aiming to tokenize domain names for financial applications. Both firms are leveraging cutting-edge technology—Irreducible with hardware-optimized cryptographic proof systems and D3 Global with domain-based financial tools—to drive innovation in the blockchain space.
Paradigm Leads $25 Million Series A Round for D3 and $24 Million Series A for ZKP Startup Irreducible
