Paradigm Co-founder Matt Huang Appointed as the First CEO of Stripe’s Blockchain Project Tempo

According to several sources familiar with the matter, Jinse Finance reports that payment giant Stripe has appointed Matt Huang, co-founder and managing partner of crypto venture capital firm Paradigm, as the first CEO of its new blockchain initiative, Tempo, which is accelerating Stripe’s entry into the blockchain sector. Huang is also a member of Stripe’s board of directors and will continue to serve as managing partner at Paradigm. Previous reports indicated that Stripe is collaborating with Paradigm to develop the L1 blockchain Tempo.