Paradigm Secures $850M for New Early-Stage Crypto Investments

Paradigm, a leading venture capital firm in the crypto space, has announced the close of its third venture fund, a substantial $850 million initiative to support early-stage crypto projects. Founded in 2018, Paradigm has maintained a strong belief in the transformative potential of crypto technology. “Six years later, that belief has only gotten stronger,” the company stated, highlighting the rapid advancements and widespread adoption of cryptocurrencies. Paradigm has been in talks about this new fund over the past few months, particularly following the resurgence in crypto markets. Paradigm’s notable investments include Uniswap.

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