Paradigm is a crypto and frontier technology venture capital firm based in the United States, co-founded by Matt Huang, a former partner at Sequoia Capital, and Fred Ehrsam, a co-founder of Coinbase. Huang serves as Co-Founder and Managing Partner; Ehrsam stepped down from his Managing Partner role in October 2023 and continues as General Partner. Paradigm's Twitter Score is 720 out of 1000 (an Excellent rating) as of July 2026, ranked #113 (top 0.1%) among 389,587 accounts tracked on this platform, with 972,748 followers as of July 2026 and 328 posts.
Paradigm reported $12.7 billion in assets under management in April 2025 regulatory filings. The firm has raised three confirmed funds: a $750 million fund in October 2018, whose limited partners included Harvard, Yale, and Stanford endowments; a $2.5 billion fund in November 2021, described at the time as the largest crypto-focused venture capital fund in history; and an $850 million early-stage crypto fund in June 2024. As reported by the Wall Street Journal in early 2026, it is seeking to raise a $1.5 billion fund that would expand into AI and robotics alongside continued crypto investment. Paradigm also co-invested $1.15 billion in Citadel Securities alongside Sequoia Capital. Its portfolio includes Reflexer, Axie Infinity, Gitcoin, Osmosis, Gauntlet, OpenSea, Optimism and StarkWare.
Paradigm builds and maintains open-source Ethereum infrastructure, including Reth (an execution client written in Rust), Foundry (an EVM development toolkit, with v1.0 released in February 2025), Alloy (a Rust library for Ethereum, with v1.0 released in May 2025), Solar (a Solidity compiler in Rust), and Viem, Wagmi, and Artemis, among others. The firm collaborated with OpenAI to release EVMbench, an open benchmark and agent harness that evaluates whether AI agents can detect, patch, and exploit high-severity vulnerabilities in smart contracts.
Paradigm invested $278 million in FTX across two funding rounds; that investment was written to zero after FTX's bankruptcy in November 2022. Co-founder Matt Huang testified at the SBF criminal trial in October 2023 that the firm had initial misgivings about FTX but was manipulated by Bankman-Fried into investing. Paradigm was named as a defendant in a class action lawsuit filed in February 2023, alongside Sequoia Capital and Thoma Bravo, alleging the firms made materially false and misleading statements promoting FTX to induce customers to use the platform. The firm was also named as a defendant in a separate class action lawsuit alleging failure to prevent scam token fraud on Uniswap, alongside Andreessen Horowitz and Union Square Ventures; all remaining claims in that case were dismissed with prejudice by U.S. District Judge Katherine Polk Failla on March 3, 2026, on the grounds that a decentralized protocol's developers and investors cannot be held liable for third-party misuse. In September 2023, Paradigm filed an amicus brief arguing the SEC overstepped its authority in its enforcement action against Binance. In May 2023, the firm rebranded, removing crypto and Web3 messaging from its website in favor of a research-driven technology and AI focus, a move that drew backlash from some investors. Paradigm has been mentioned by 1,486 accounts, with 3,258 total mentions.
Who follows Paradigm on X?
Paradigm attracts a notable following from across the crypto and technology investment community. The accounts that follow Paradigm include 2,944 founders, 675 angel investors, 1,618 influencers and 219 VCs, among them Brian Armstrong, Laura Shin, Toly, ZachXBT, Erik Voorhees and Ansem.