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Paradigm unveils new $2.5B crypto fund
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Crypto investment firm Paradigm has revealed a new $2.5 billion”New Venture Fund” to expand its investment into cryptocurrency companies and protocols.
According to a Nov. 15 announcement, Paradigm co-founders Fred Ahrsam and Matt Huang stated that “the fund and its size are reflective of crypto being the most exciting frontier in technology.”
The Financial Times reported that the funding pool is now the largest among VC crypto funds, edging out Andreesen Horowitz’s (a16z) $2.2 billion raise in
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