Farcaster, a SocialFi application promoted by Vitalik Buterin, secured $150 million in Series A funding, achieving its $1 billion valuation goal, according to CoinDesk on May 21. Co-founder Dan Romero confirmed the investment through the app. Paradigm led the funding round, with participation from a16z crypto, Haun Ventures, Union Square Ventures, Variant Fund, Standard Crypto, and others. Co-founder Varun Srinivasan emphasized the company’s strategy of maintaining a lean but efficient team, ...