Startups · 1h ago
Paradigm Raises $1.2B Fund for Crypto and Frontier Tech
Paradigm, a VC firm focused on crypto startups, has raised $1.2 billion for its third fund. The fund will invest in what the firm calls 'technical frontier' startups, including blockchain and AI. This marks one of the largest crypto-focused funds raised since the 2022 market downturn.
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The size of the fund signals renewed institutional confidence in crypto, but the real test will be whether Paradigm can deploy capital into startups with sustainable business models beyond hype cycles.
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Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups →
TechCrunch
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