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Paradigm One Bags Record-breaking $2.5b for Largest Crypto Venture Fund
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Crypto investment firm Paradigm One smashed a previous record of $2.2 billion with $2.5 billion for the largest cryptocurrency venture fund ever, aimed at the “next generation of crypto companies and protocols.”
Coinbase co-founder Fred Ehrsam and former Sequoia Capital partner Matt Huang’s largest new venture-capital fund will invest alongside Paradigm’s flagship fund in big and small cryptocurrency companies, with as much as $100 million-plus as little as $1 million.
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