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Web3 Investor Paradigm’s VP of Engineering Tal Broda Exits
The executive, who joined Paradigm a year ago from Citadel Securities, said he will pursue opportunities closer to his prior experience.
Tal Broda, vice president of engineering at cryptocurrency and Web3 protocol investment firm Paradigm, has left the company, according to an internal memo he sent to colleagues at the end of last month.
“While I believe strongly in Paradigm’s mission and the company’s ability to execute on its vision, I have decided that leading engineering here at Paradigm is not the right fit for me at this stage,” Broda wrote.
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Paradigm has lost a handful of engineers since around the end of last year. The crypto market downturn has led to a scaling back of certain internal engineering projects at the firm, according to a Paradigm spokeswoman.
Broda, who joined Paradigm in April 2022, said he would remain until mid-March to help the day-to-day management of the engineering team.
Before joining Paradigm, Broda was head of platform at Citadel Securities and had been in charge of large engineering teams of 50-plus people. “I have decided to pursue an opportunity that more closely aligns with my prior experience,” he wrote.
Ian Allison
Ian Allison is a senior reporter at CoinDesk, focused on institutional and enterprise adoption of cryptocurrency and blockchain technology. Prior to that, he covered fintech for the International Business Times in London and Newsweek online. He won the State Street Data and Innovation journalist of the year award in 2017, and was runner up the following year. He also earned CoinDesk an honourable mention in the 2020 SABEW Best in Business awards. His November 2022 FTX scoop, which brought down the exchange and its boss Sam Bankman-Fried, won a Polk award, Loeb award and New York Press Club award. Ian graduated from the University of Edinburgh. He holds ETH.
