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Matt Huang, co-founder and managing partner at Paradigm, announced that Paradigm is co-leading a $110 million investment in SendCutSend alongside several other investors.
SendCutSend offers 24-hour turnaround manufacturing services widely used by companies in the robotics, defense, space, and automotive sectors. Huang expressed gratitude to Jim Belosic for facilitating involvement in the investment round.
Huang has previously discussed the integration of stablecoins into global payment systems, focusing on faster and more efficient payouts in a recent analysis. He also commented on Coastal Bank’s approach to stablecoins through its partnership with Tempo, emphasizing its advanced work as a community bank in a separate report. These activities highlight Huang’s continuing interest in financial technology and digital payments.