Paradigm, a crypto-focused investment firm founded by Fred Ehrsam, co-founder of crypto-asset trading platform Coinbase, has announced its largest ever crypto venture fund.
Paradigm has left the $2.2 billion fund launched by Andreessen Horowitz in late June with $2.5 billion in funding.
Fred Ehrsam said from his Twitter account that they just started.
Paradigm stated in the blog post they published that their mission has not changed and emphasized that they will continue to invest in early stage startups.
The San Francisco-headquartered investment firm received a commission of $400 million for its first crypto fund in 2018. Yale University was one of the investors.