Crypto venture capital firm Paradigm raises $1.2 billion, betting on the convergence of AI and crypto

OdailyJul 8, 2026
Paradigm, a venture capital firm focused on the crypto space, has raised approximately $1.2 billion, with plans to significantly expand its investment in artificial intelligence ($AI)-related projects.

According to sources familiar with the matter, this fundraising round will prioritize $AI infrastructure, $AI agents, and the convergence of $AI and blockchain technologies. Paradigm aims to capture the next wave of technological innovation through its new fund and broaden its investment footprint across emerging technologies.

Founded in 2018 by Matt Huang and Fred Ehrsam, Paradigm is one of the industry’s leading crypto venture capital firms and has invested in numerous blockchain projects, including Coinbase and Uniswap.

This fundraising signals that, following prior market-cycle adjustments, crypto capital is refocusing on the intersection of $AI and blockchain. As $AI agents, decentralized computing, and on-chain data infrastructure advance rapidly, an increasing number of crypto investment firms are viewing $AI as a key growth opportunity for the next phase. (Bloomberg)

[Odaily]

Source
Powered by ChatGPT
All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse

Crypto venture capital firm Paradigm raises $1.2 billion, betting on the convergence of AI and crypto

OdailyJul 8, 2026
Paradigm, a venture capital firm focused on the crypto space, has raised approximately $1.2 billion, with plans to significantly expand its investment in artificial intelligence (AI)-related projects.

According to sources familiar with the matter, this fundraising round will prioritize AI infrastructure, AI agents, and the convergence of AI and blockchain technologies. Paradigm aims to capture the next wave of technological innovation through its new fund and broaden its investment footprint across emerging technologies.

Founded in 2018 by Matt Huang and Fred Ehrsam, Paradigm is one of the industry’s leading crypto venture capital firms and has invested in numerous blockchain projects, including Coinbase and Uniswap.

This fundraising signals that, following prior market-cycle adjustments, crypto capital is refocusing on the intersection of AI and blockchain. As AI agents, decentralized computing, and on-chain data infrastructure advance rapidly, an increasing number of crypto investment firms are viewing AI as a key growth opportunity for the next phase. (Bloomberg)

[Odaily]

Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors