Paradigm

Paradigm

Paradigm was founded in 2018 by Matt Huang and Fred Ehrsam, who previously co-founded Coinbase. Huang was a partner at Sequoia Capital and Ehrsam was a Coinbase co-founder and CEO. The firm's wealth originates from the founders' success at Coinbase and earlier entrepreneurial ventures. The firm invests across the crypto and blockchain ecosystem, focusing on early-stage venture, liquid tokens, and infrastructure. Asset classes include venture equity, token warrants, and direct token purchases. Portfolio companies include Uniswap, Optimism, and StarkWare — investments typically made alongside other crypto-native VCs like a16z Crypto and Polychain Capital. Geographically, Paradigm targets companies in North America, Europe, and parts of Asia, with a bias toward protocol-layer and developer-tooling projects. Paradigm has not publicly disclosed its total capital under management. The team size is not confirmed, but the firm lists offices in Menlo Park, Oakland, and New York. It operates a research arm that publishes technical papers on blockchain architecture and economics. No recent operational events from the last 24 months are verified under this name. A structural differentiator is Paradigm's model of combining venture investing with deep protocol research — it writes a handful of large checks per year and offers portfolio companies engineering and economic advisory. This hybrid structure is unusual in crypto venture and mirrors a focused family-office style rather than a broadly diversified asset manager.