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.
https://twitter. com/FEhrsam/status/1460262681806397448
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.