Paradigm, a dedicated crypto, blockchain, Web3 and decentralized finance (DeFi)-focused venture capital firm, is in talks to raise between $750 million and $850 million for a new fund, marking a significant uptick in fundraising activity for the overall crypto space. The potential raise would be the largest since May 2022, validating renewed investor (Limited Partner) confidence and marking the end of the “crypto winter”. Despite a recent downturn, particularly with NFTs and meme coins, Paradigm’s raise highlights a resurgence in interest for infrastructure and DeFi projects.
Crypto VC Paradigm Seeking Up To $850M Raise For Fund: Report
