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According to PANews news on August 21, in response to the partnership between Paradigm and friend.tech, Multicoin Capital co-founder Kyle Samani said on the X platform (formerly Twitter): “The competitive relationship between Multicoin and Paradigm is different from my view of Paradigm. , Paradigm has invested in its team before friend.tech became a hot topic. friend.tech is an interesting experiment for rapid iteration, and I believe Paradigm is helping the friend.tech team think about the iterative direction of the product. The friend.tech team is not Instead of working for Paradigm, you're building a product for yourself, and Paradigm just helps along the way."


Prior to the news on August 19, friend.tech announced that it had completed the seed round investment, and Paradigm participated in the investment.
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