{"slug": "paradigm-raises-1-2-billion-fund-as-crypto-vc-pushes-further-into-ai", "title": "Paradigm Raises $1.2 Billion Fund as Crypto VC Pushes Further Into AI", "summary": "Crypto venture firm Paradigm raised a $1.2 billion fourth fund to invest in AI, robotics, crypto, and other technologies, broadening its focus beyond digital assets. The firm, which has backed companies like Nous Research, Zipline, and Hyperliquid, said it remains committed to crypto while exploring overlaps between AI and blockchain. The fund will target steep exponentials across AI, crypto, space, deep tech, and energy.", "body_md": "#### In brief\n\n- Paradigm announced a $1.2 billion fourth fund targeting crypto, AI, robotics, and other technology startups.\n- The crypto VC firm has backed companies including Nous Research, Zipline, True Anomaly, Hyperliquid, and Kalshi.\n- Paradigm said it remains committed to crypto as it explores areas where AI and blockchain overlap.\n\nCrypto venture firm Paradigm has raised a $1.2 billion fund to invest in AI, robotics, crypto, and other technologies, broadening its focus beyond digital assets.\n\nWhile crypto remains central to Paradigm’s business, the San Francisco-based firm [said ](https://www.paradigm.xyz/writing/announcing-our-fourth-fund)Wednesday its fourth fund will expand investments into AI, autonomous hardware, and other emerging technologies while continuing its research-driven approach.\n\n“$1.2B to invest in steep exponentials. 8 years ago we were backed by people who believed in the crypto frontier,” Paradigm managing partner Alana Palmedo [wrote](https://x.com/alanapalmedo/status/2074886336797139190?s=20) on X. “Now we’re doubling down as frontiers are colliding across AI, crypto, space, deep tech, energy. Grateful to our partners.”\n\nFounded in 2018 by Matt Huang and Coinbase co-founder Fred Ehrsam, Paradigm became one of crypto’s largest venture investors. The firm raised a [$2.5 billion](https://decrypt.co/86126/paradigm-2-5-billion-crypto-fund-matt-huang) crypto fund in 2021, followed by an [$850 million](https://decrypt.co/235323/paradigm-raises-850-million-invest-early-stage-crypto) early-stage blockchain fund in 2024.\n\n“Our approach is to stay close to the metal–researching, building, and investing alongside founders, first in crypto, and now across AI, robotics, and other frontiers,” the company said in a statement.\n\nOther investments Paradigm noted included autonomous drone developer Zipline, space defense startup True Anomaly, and Nous Research, the AI company behind [Hermes Agent](https://decrypt.co/364211/what-is-hermes-open-source-ai-agent-openclaw-competitor).\n\nOn the crypto side, Paradigm pointed to investments in decentralized exchange [Hyperliquid](https://decrypt.co/resources/what-hyperliquid-decentralized-exchange-blockchain), prediction market platform [Kalshi](https://decrypt.co/372204/kalshi-scores-fifa-world-cup-spotlight-prediction-market-trading-record), and [Tempo](https://decrypt.co/338144/stripe-paradigm-reveal-tempo-blockchain-help-openai-visa), a [stablecoin](https://decrypt.co/370645/paradigm-hyperliquid-policy-center-push-back-on-genius-act-stablecoin-aml-rule)-focused blockchain it co-founded with Stripe.\n\nThe firm also highlighted internal projects including Ethereum development tools Foundry and Reth, AI agent project Centaur, and [EVMbench](https://decrypt.co/358470/ai-agents-boost-ethereum-security-openai-paradigm-evmbench), a blockchain security benchmark developed with OpenAI.\n\nThe news comes as crypto companies are building more infrastructure for AI agents that can move money and complete transactions online. Companies including Coinbase and Stripe have developed payment tools aimed at letting AI agents use wallets, stablecoins, and other financial infrastructure to complete tasks with limited human involvement.\n\n“Sufficiently steep exponentials are indistinguishable from magic, and we see more global-scale exponentials at work than ever before,” the firm said. “This era favors those open-minded enough to throw out existing playbooks and recompute new views of reality frequently. It’s a mindset we share with the founders we back. “", "url": "https://wpnews.pro/news/paradigm-raises-1-2-billion-fund-as-crypto-vc-pushes-further-into-ai", "canonical_source": "https://decrypt.co/373088/paradigm-billion-fund-crypto-vc-ai", "published_at": "2026-07-08 20:40:38+00:00", "updated_at": "2026-07-08 20:53:00.838051+00:00", "lang": "en", "topics": ["artificial-intelligence", "robotics", "ai-startups", "ai-infrastructure", "ai-agents"], "entities": ["Paradigm", "Nous Research", "Zipline", "True Anomaly", "Hyperliquid", "Kalshi", "Coinbase", "Stripe"], "alternates": {"html": "https://wpnews.pro/news/paradigm-raises-1-2-billion-fund-as-crypto-vc-pushes-further-into-ai", "markdown": "https://wpnews.pro/news/paradigm-raises-1-2-billion-fund-as-crypto-vc-pushes-further-into-ai.md", "text": "https://wpnews.pro/news/paradigm-raises-1-2-billion-fund-as-crypto-vc-pushes-further-into-ai.txt", "jsonld": "https://wpnews.pro/news/paradigm-raises-1-2-billion-fund-as-crypto-vc-pushes-further-into-ai.jsonld"}}