- Paradigm invests $5.9M in MetaDAO tokens at $7.83 each.
- The transaction highlights institutional confidence in MetaDAO.
- Influences the Solana ecosystem positively.
Paradigm reportedly purchased $5.9 million of MetaDAOโs META tokens at $7.83 each, as indicated by MetaDAO co-founder Proph3t on Twitter. However, no direct tweet or official confirmation is available in current search results.
Paradigm has reportedly bought $5.9 million of MetaDAOโs META tokens at $7.83 each via an OTC deal, as confirmed by co-founder Proph3t through a tweet.
Transaction Details
Paradigm, a top crypto venture firm, has agreed to purchase $5.9 million of MetaDAOโs META tokens. The transaction, conducted over-the-counter, was confirmed by MetaDAOโs co-founder, Proph3t.
As part of its strategic actions, Paradigm executed the transaction using a 24-hour time-weighted average price (TWAP), buying each token at $7.83. Proph3t, MetaDAO Co-founder, โParadigm has agreed to purchase $5.9 million worth of META at $7.83 per token. Transaction executed using 24-hour TWAP.โ source. The purchase reflects confidence in MetaDAOโs governance value within Solanaโs framework.
Market Impact
The acquisition did not only influence MetaDAOโs standing but is expected to significantly impact Solanaโs ecosystem. Such movements often result in increased speculation and engagement. Paradigmโs investment reinforces Solanaโs positioning in the competitive blockchain landscape. MetaDAO relies significantly on institutional backing for its governance token, optimizing liquidity and stakeholder engagement.
Future Outlook
Historically, the crypto market has seen venture capital firms drive interest in governance tokens. Paradigmโs actions suggest bullish outlooks for emerging blockchain projects, potentially boosting the Solana blockchainโs prominence. Experts speculate that similar investments could spur regulatory scrutiny in decentralized governance sectors. For more insights, read the report on PanewsLab. Questions regarding institutional impact on coin valuations and tokenomics may arise as the industry evolves.
About the author
American Innovation Projectโs Crypto Initiative Lacks Confirmation
The American Innovation Project reportedly launched a researcher program for cryptography expertise in the U.S. Congress. However, no official announcements or verifications exist to confirm these claims.
Gold Reaches Record High Amidst Geopolitical Tensions
Gold hits $5,150 per ounce due to geopolitical tensions and USD depreciation.
Kite AI Releases Mainnet Roadmap Featuring Six Key Pillars
Kite AI has announced its mainnet roadmap, launching on the Avalanche network, with plans to reshape AI-driven blockchain technology.
Citibankโs New โBuyโ Rating on OSL Group Questioned
Market reactions stir around Citibank's unverified 'buy' rating for OSL Group, causing stock fluctuations amid pending official confirmations.
Arizona Bill Proposes Virtual Currency Property Tax Exemption
Arizona's Senate Finance Committee has passed two bills that aim to exempt virtual currencies from property taxes.
American Bitcoin Increases Holdings to 5,843 BTC
American Bitcoin Corp., a publicly traded Bitcoin mining company, announced an increase in its holdings, reaching 5,843 BTC as of January 25, 2026.
Related
American Innovation Projectโs Crypto Initiative Lacks Confirmation
The American Innovation Project reportedly launched a researcher program for cryptography expertise in the U.S. Congress. However, no official announcements or verifications exist to confirm these claims.
Gold Reaches Record High Amidst Geopolitical Tensions
Gold hits $5,150 per ounce due to geopolitical tensions and USD depreciation.
Kite AI Releases Mainnet Roadmap Featuring Six Key Pillars
Kite AI has announced its mainnet roadmap, launching on the Avalanche network, with plans to reshape AI-driven blockchain technology.
Citibankโs New โBuyโ Rating on OSL Group Questioned
Market reactions stir around Citibank's unverified 'buy' rating for OSL Group, causing stock fluctuations amid pending official confirmations.
Arizona Bill Proposes Virtual Currency Property Tax Exemption
Arizona's Senate Finance Committee has passed two bills that aim to exempt virtual currencies from property taxes.
American Bitcoin Increases Holdings to 5,843 BTC
American Bitcoin Corp., a publicly traded Bitcoin mining company, announced an increase in its holdings, reaching 5,843 BTC as of January 25, 2026.
