Paradigm, a venture capital firm focused on crypto, has completed fundraising for a new $1.2 billion fund, which will be deployed to invest in areas such as artificial intelligence ($AI) and robotics. This fund is Paradigm’s third venture fund, further increasing its assets under management—already approximately $11.9 billion as of the end of 2025.
Paradigm will continue investing in crypto, having already backed projects including Kalshi, Zipline, and True Anomaly, and collaborating with OpenAI to launch an $AI Agent evaluation tool.Co-founder Matt Huang stated that blockchain infrastructure is converging with $AI—especially $AI Agents—for use cases such as autonomous online payments, and Paradigm aims to capture this shift in technological paradigms.[PANews]