Investment Thesis
“Supporting the companies and protocols that will shape the future of the internet and the new crypto economy.”
Portfolio Companies (6)
Blur
NFT marketplace and aggregation platform focusing on advanced trading tools and liquidity for professional NFT traders.
Coinbase
Coinbase Global (Nasdaq: COIN) runs the largest US cryptocurrency exchange and a bitcoin custody business. It went public by direct listing in April 2021 and joined the S&P 500 in May 2025.
Compound
Compound Labs built the Compound protocol, an algorithmic lending market on Ethereum, then handed control to COMP token holders in 2020. The protocol still operates under community governance.
Flashbots
Research and development organization focused on mitigating negative externalities of MEV (Maximal Extractable Value) in blockchain systems.
Uniswap
Uniswap Labs develops the Uniswap Protocol, a decentralized exchange on Ethereum launched in 2018. The company is private, last valued at $1.66 billion in its 2022 Series B led by Polychain Capital.
dYdX
Decentralized cryptocurrency exchange protocol for perpetual trading and lending built on Ethereum.
Other Investments (1)
Portfolio Analysis
Paradigm has built a portfolio of 7 companies across 1 sector, including Web3. Of these investments, 1 has achieved successful exits through acquisitions or IPOs, demonstrating the firm's track record of backing companies to meaningful outcomes.
The portfolio reflects investments across the IPO, Series A, Series B, Series C stages, showing Paradigm's approach to supporting companies at multiple points in their growth journey.
Frequently Asked Questions
How many companies has Paradigm invested in?
Paradigm has invested in 7+ companies across 1 different sectors. Of these, 1 has achieved successful exits through acquisitions or IPOs.
What sectors does Paradigm invest in?
Paradigm's portfolio spans Web3. This diversification reflects the firm's broad investment thesis and sector expertise.
What stages does Paradigm invest at?
Paradigm invests across the IPO, Series A, Series B, Series C stages. Their portfolio includes companies at various points in their growth journey.
How many exits has Paradigm had?
Paradigm has had 1 portfolio company achieve exits through acquisitions or IPOs. This track record of exits demonstrates the firm's ability to identify and support companies through successful outcomes.