A new Ethereum lending platform called 3Jane has just stepped out of stealth mode, backed by a funding round led by Paradigm, a heavyweight crypto investment firm. This means they’ve been quietly building something and now have serious financial muscle to scale up. Think of it as a fresh player in the DeFi lending space, but with big-name support—which could shake up how people borrow and lend crypto.

Editor’s Note: DeFi (decentralized finance) is already crowded, but when a well-funded newcomer like 3Jane enters the scene, it signals confidence in Ethereum’s ecosystem. Paradigm’s involvement suggests they see real potential here—maybe better rates, smoother lending, or innovative features. For crypto users, this could mean more options (and hopefully better deals) for borrowing against their ETH. For the industry, it’s another sign that institutional money is still betting big on DeFi’s future.