Paradigm

Paradigm is a research-driven crypto investment firm founded in 2018 by Matt Huang and Fred Ehrsam. The firm funds companies and protocols from their earliest stages, and reports assets under management of over $8.7 billion. Its portfolio includes Coinbase, Uniswap, Optimism and Flashbots. Beyond capital, the firm provides portfolio companies with technical guidance and operational expertise, working with founders from day zero.

The investment approach is anchored in technical depth. Paradigm's stated domains span cryptocurrency, blockchain technology and open source software development, and the firm is itself a builder: it has created and contributed to two significant open source projects in the Ethereum and EVM (Ethereum Virtual Machine) ecosystem. Foundry is a development toolchain for smart contract engineers; Reth is an execution client - the software layer that processes transactions - for Ethereum. Both are maintained as open source codebases and are widely used across the crypto developer stack.

The firm is based in San Francisco. Its stated scope extends to frontier technology companies across crypto, AI and robotics, and its working method combines research with hands-on engineering support to the companies and protocols it backs.