{"id":13795,"date":"2021-11-16T06:50:58","date_gmt":"2021-11-16T05:50:58","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=13795"},"modified":"2021-11-16T06:51:08","modified_gmt":"2021-11-16T05:51:08","slug":"paradigm-announces-the-launch-of-2-5-billlion-fund","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/paradigm-announces-the-launch-of-2-5-billlion-fund\/","title":{"rendered":"Paradigm Announces the Launch of a $2.5 Billion New Venture Fund"},"content":{"rendered":"\n
Paradigm, a cryptocurrency investment firm, has announced the launch of a $ 2.5 billion New Venture Fund to extend its portfolio of crypto companies and protocols<\/h5>\n\n\n\n
\"Paradigm
Paradigm Announces the Launch of a $2.5 Billion New Venture Fund<\/figcaption><\/figure>\n\n\n\n

Paradigm Fund of $2.2 Billion in June<\/h2>\n\n\n\n

Paradigm co-founders Fred Ahrsam and Matt Huang noted in a November 15 statement that “the fund and its scale represent crypto as the most intriguing future in technology.”<\/p>\n\n\n\n

According to Money Occasions, the foundation is presently the largest among crypto VC firms, having raised $ 2.2 billion from Andreesen Horowitz (a16z) in June of this year.<\/p>\n\n\n\n

The new venture fund will be distributed to which segments of the crypto business, according to the release.<\/p>\n\n\n\n

Approximately 11 of the 40 firms and projects in Paradigm's portfolio, including protocols, have previously invested in bitcoin projects that use Website 3 to deploy their apps. In addition to cryptocurrency exchanges, credit, and lending platforms, Paradigm has made investments. Coinbase<\/a>, FTX, Uniswap, and Sky Mavis are among the most well-known companies in its portfolio.<\/p>\n\n\n\n

Despite the fact that Paradigm's new fund has been dubbed “the greatest Ehrsams in crypto,” he and Huang tweeted\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> that they are “just getting started.”<\/p>\n\n\n\n

Just getting started https:\/\/t.co\/V8fXb3hCTt<\/p>\n\n\n\n

\u2013 Fred Ehrsam (@Fehrsam) November 15, 2021<\/use><\/svg><\/span><\/a><\/p>\n\n\n\n

In the release, Ehrsam and Huang claimed that their goal of becoming “the first and most helpful partners for crypto businesses and communities” has not altered.<\/p>\n\n\n\n

The Solana Jet Mechanism-based credit protocol and the AI-based, non-fungible token-based fighting game Arena are two of Paradigm's latest investments. In August, the business boosted its exposure to NFT platforms by investing in Royal and Fractional.<\/p>\n\n\n\n

Paradigm, a cryptocurrency investment firm, said on November 15 that it was establishing a $ 2.5 billion New Venture Fund to assist them in continuing to invest in businesses and protocols.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Paradigm, a cryptocurrency investment firm, has announced the launch of a $ 2.5 billion New Venture Fund to extend its portfolio of crypto companies and protocols Paradigm Fund of $2.2 Billion in June Paradigm co-founders Fred Ahrsam and Matt Huang noted in a November 15 statement that “the fund and its scale represent crypto as […]<\/p>\n","protected":false},"author":29,"featured_media":13796,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5440],"class_list":["post-13795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-paradigm-cryptocurrency-investment"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/Paradigm-Announces-the-Launch-of-a-2.5-Billion-New-Venture-Fund.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=13795"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13796"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=13795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=13795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=13795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}