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The blockchain startup Tempo, founded by Stripe and Paradigm, has reportedly raised $500 million in a Series A funding round. The investment values the young company at approximately $5 billion, making it one of the most significant blockchain venture rounds recently.

Major Funding for Emerging Blockchain

The blockchain startup Tempo, which recently emerged from incubation, has reportedly raised $500 million in a Series A funding round, according to sources familiar with the matter. The investment values the young company at approximately $5 billion, positioning it among the highest-valued blockchain ventures in recent memory. The round was reportedly led by venture capital giants Thrive Capital and Greenoaks, with participation from other prominent firms.