Paradigm Raises $850 Million for Early-Stage Crypto Investments

IconCryptoNewsTerminal Staff13 Jun, 2024

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Paradigm Raises $850 Million for Early-Stage Crypto Investments

Paradigm, a leading cryptocurrency investment firm, has secured $850 million for its third fund, which will focus on early-stage investments in the crypto space. The fund will support projects developing infrastructure, protocols, and applications for the crypto ecosystem. Paradigm's previous funds have invested in notable companies like Coinbase, Uniswap, and Filecoin, demonstrating their commitment to fostering innovation in the crypto industry.