Led by Paradigm managing partner Matt Huang, Tempo is Big Tech’s first major move into crypto.
Exclusive: Top crypto VC Matt Huang to lead Stripe blockchain Tempo as CEO, stay at Paradigm
August 12, 2025
Exclusive: Fintech giant Stripe building ‘Tempo’ blockchain with crypto VC Paradigm
August 11, 2025
Financial firms from Stripe to Circle are building their own blockchains—here’s why
Huang serves on Stripe’s board, and his VC firm Paradigm is helping incubate the fintech’s blockchain.
Stripe is developing what it calls Tempo, and Circle announced Tuesday that it’s building a protocol called Arc.
John Egan played a key role in the development of Stripe’s crypto strategy, including both its acquisition of the stablecoin…
Tempo, incubated by Stripe and the venture firm Paradigm, raised $500 million at a $5 billion valuation in 2025.
This is the high-profile startup’s first venture investment since Tempo was founded this year.
Stripe’s new product, Open Issuance, will allow businesses to launch their own stablecoins.
