David Swain has joined Paradigm, a crypto venture capital giant, as its chief marketing officer.

Swain, who previously served as head of global communications at Instagram and senior director of technology communications at Facebook in his career, moved to Paradigm last month, according to his LinkedIn profile. Most recently, Swain was vice president of global partnerships at Strava, a social fitness app and community boasting over 120 million members.

Swain's appointment comes shortly after Paradigm raised $850 million for its third fund in June. This fund aims to invest in early-stage crypto projects. It follows Paradigm's $2.5 billion fund raised in 2021, the largest crypto investment vehicle at that time.

Paradigm hires CMO

Swain's move to Paradigm is intriguing, especially given …