Paradigm co-founder Matt Huang joins board of directors for Stripe
November 5, 2021, 3:52PM EDT
1 min read
Matt Huang, co-founder and managing partner of the crypto-centric investment firm Paradigm, has joined the board of directors for the payment startup Stripe.
Stripe intends to leverage Huang’s expertise to further guide the firm’s crypto strategy. “Very few people know more about crypto — and, specifically, its potential to help internet businesses around the world — than Matt,” said Patrick Collison, co-founder and CEO of Stripe, in a blog post. “We’re delighted he’s joining our board of directors.”
“I’m excited to see them invest more energy into crypto/Web3,” wrote Huang on Twitter regarding his new board of directors position at Stripe.
Huang’s new board position also comes three weeks after Stripe revealed its plan to hire four crypto-focused engineers who will influence Stripe’s user interface, backend operations, payments processing and more.
A trio of political parties in Germany struck an agreement this week that will see them assemble a national governing coalition. Part of that agreement, according to the German-language text, includes a call for European countries to work together to monitor activities in the crypto sector.