Nous Research Decentralized AI training
Kalshi Prediction market platform
Zipline Autonomous drone delivery infrastructure
Citadel Securities Global market maker
SendCutSend Rapid manufacturer
True Anomaly Orbital space defense
Hyperliquid (HYPE) Financial trading platform
Coinbase Crypto exchange and onchain platform
Tempo Blockchain for payments
Andromeda AI compute marketplace
Stripe Internet payments infrastructure
Uniswap Decentralized crypto exchange protocol
- Credit-backed yieldcoin protocol
3Jane
Credit-backed yieldcoin protocolDeFi - Intent-based crosschain bridge
Across
Intent-based crosschain bridgeDeFi, Infrastructure - Stablecoin issuer and payments infrastructure
Agora
Stablecoin issuer and payments infrastructureInfrastructure, Payments - AI-powered NFT gaming
AI Arena
AI-powered NFT gamingAI, Consumer - Digital asset platform
Amber
Digital asset platformTrading & Markets - AI compute marketplace
Andromeda
AI compute marketplaceAI, Infrastructure - Self-custody wallet
Argent
Self-custody walletConsumer, DeFi, Payments - ZK proving infrastructure
Axiom
ZK proving infrastructureAI, Infrastructure - Privacy-first Ethereum L2
Aztec
Privacy-first Ethereum L2Infrastructure - Native Bitcoin staking protocol
Babylon
Native Bitcoin staking protocolDeFi, Infrastructure - Peer-to-peer sports betting exchange
BetDex
Peer-to-peer sports betting exchangeConsumer, DeFi, Trading & Markets - Latin American crypto financial platform
Bitso
Latin American crypto financial platformConsumer, Payments, Trading & Markets - Ethereum L2 with native yield
Blast
Ethereum L2 with native yieldDeFi, Infrastructure - Wallet transaction security APIs
Blowfish
Wallet transaction security APIsInfrastructure - NFT marketplace for pro traders
Blur
NFT marketplace for pro tradersConsumer, Trading & Markets - Blockchain intelligence platform
Chainalysis
Blockchain intelligence platformInfrastructure - Global market maker
Citadel Securities
Global market makerTrading & Markets - Competitive smart contract audits
Code4rena
Competitive smart contract auditsInfrastructure - Crypto exchange and onchain platform
Coinbase
Crypto exchange and onchain platformConsumer, Infrastructure, Payments, Trading & Markets - Crypto exchange in India
CoinSwitch
Crypto exchange in IndiaConsumer, Trading & Markets - DeFi lending protocol
Compound
DeFi lending protocolDeFi - Rollup deployment platform
Conduit
Rollup deployment platformInfrastructure - Interoperable blockchain ecosystem
Cosmos (ATOM)
Interoperable blockchain ecosystemInfrastructure - Brazilian real stablecoin issuer
Crown
Brazilian real stablecoin issuerPayments - Onchain domain infrastructure
D3
Onchain domain infrastructureInfrastructure - Work and bounty platform
Dework
Work and bounty platformConsumer, Infrastructure - Blockchain-based unsecured lending
Divine
Blockchain-based unsecured lendingDeFi, Payments - Decentralized perpetuals exchange
dYdX
Decentralized perpetuals exchangeDeFi, Trading & Markets - Onchain exchange infrastructure
Ellipsis Labs
Onchain exchange infrastructureDeFi, Trading & Markets - Ethereum institutional finance platform
Etherealize
Ethereum institutional finance platformInfrastructure - Modular DeFi lending protocol
Euler
Modular DeFi lending protocolDeFi - DeFi investment platform
Exponential
DeFi investment platformConsumer, DeFi - Decentralized social protocol
Farcaster
Decentralized social protocolConsumer, Infrastructure - Digital asset custody infrastructure
Fireblocks
Digital asset custody infrastructureInfrastructure, Payments - MEV infrastructure and research
Flashbots
MEV infrastructure and researchInfrastructure - Gaming NFT marketplace
Fractal
Gaming NFT marketplaceConsumer - SocialFi app on Base
friend.tech
SocialFi app on BaseConsumer, DeFi - DeFi risk management platform
Gauntlet
DeFi risk management platformInfrastructure - Bitcoin mining company
Genesis Digital Assets
Bitcoin mining companyHardware & Defense, Infrastructure - Open-source funding platform
Gitcoin
Open-source funding platformDeFi, Infrastructure - Decentralized global exchange
GTE
Decentralized global exchangeDeFi, Infrastructure, Trading & Markets - Brand loyalty platform
Hang
Brand loyalty platformConsumer - Mathematical reasoning AI lab
Harmonic
Mathematical reasoning AI labAI - Solana block-building infrastructure
Harmonic
Solana block-building infrastructureInfrastructure - ZK proof acceleration hardware
Irreducible
ZK proof acceleration hardwareInfrastructure - Open-source crypto development
Ithaca
Open-source crypto developmentInfrastructure - Mobile network for emerging markets
Jambo
Mobile network for emerging marketsConsumer - Prediction market platform
Kalshi
Prediction market platformConsumer, Trading & Markets - Bitcoin privacy infrastructure
Keep Network
Bitcoin privacy infrastructureDeFi, Infrastructure - Onchain orderbook for Monad
Kuru Labs
Onchain orderbook for MonadDeFi, Trading & Markets - Decentralized Ethereum staking protocol
Lido
Decentralized Ethereum staking protocolDeFi, Infrastructure - Bitcoin payment infrastructure
Lightspark
Bitcoin payment infrastructureInfrastructure, Payments - Mobile crypto gaming company
Limit Break
Mobile crypto gaming companyConsumer - Mobile-first perps trading
Liquid
Mobile-first perps tradingDeFi, Trading & Markets - Gaming NFT marketplace
Lootrush
Gaming NFT marketplaceConsumer, Payments - Decentralized entertainment network
Mad Realities
Decentralized entertainment networkConsumer - NFT marketplace
Magic Eden
NFT marketplaceConsumer, Trading & Markets - Stablecoin protocol
Maker (MKR)
Stablecoin protocolDeFi - Crypto financial services platform
Matrixport
Crypto financial services platformTrading & Markets - Seamless crypto payments
Mesh Connect
Seamless crypto paymentsInfrastructure, Payments - Markets for decision-making
MetaDAO
Markets for decision-makingDeFi, Infrastructure, Trading & Markets - Parallel EVM blockchain
Monad
Parallel EVM blockchainInfrastructure - Crypto payments infrastructure
Moonpay
Crypto payments infrastructureConsumer, Payments - Crypto-enabled narrow bank
N3XT
Crypto-enabled narrow bankInfrastructure, Payments - Stablecoin issuance protocol
Noble
Stablecoin issuance protocolInfrastructure, Payments - Prediction market for trends
Noise
Prediction market for trendsDeFi - Decentralized AI training
Nous Research
Decentralized AI trainingAI, Infrastructure - Crypto computing system
O(1) Labs
Crypto computing systemInfrastructure - NFT marketplace
OpenSea
NFT marketplaceConsumer, Trading & Markets - Layer 2 blockchain
Optimism
Layer 2 blockchainInfrastructure - DeFi options protocol
Opyn
DeFi options protocolDeFi - Cross-chain AMM protocol
Osmosis
Cross-chain AMM protocolDeFi, Trading & Markets - Sci-fi NFT card game
Parallel
Sci-fi NFT card gameConsumer - Web3 wallet
Phantom
Web3 walletConsumer, Payments - Tokenized energy asset management
Plural
Tokenized energy asset managementTrading & Markets - Embedded wallet infrastructure
Privy
Embedded wallet infrastructureInfrastructure - Crypto exchange in EMEA
Rain
Crypto exchange in EMEAConsumer, Payments - Stablecoin protocol
Reflexer Labs
Stablecoin protocolDeFi - Global digital banking platform
Revolut
Global digital banking platformConsumer, Payments, Trading & Markets - Decentralized structured products
Ribbon Finance
Decentralized structured productsDeFi - Peer-to-peer bitcoin bridge
Rift
Peer-to-peer bitcoin bridgeDeFi - Music investment platform
Royal
Music investment platformConsumer - Rapid manufacturer
SendCutSend
Rapid manufacturerHardware & Defense, Consumer - Play-to-earn gaming
Sky Mavis
Play-to-earn gamingConsumer - Sustainable onchain markets mitigating MEV
Sorella Labs
Sustainable onchain markets mitigating MEVDeFi - Blockmesh operating system
Spacemesh
Blockmesh operating systemInfrastructure - Cross-border payments app
Standard Economics
Cross-border payments appInfrastructure, Payments - ZK-based Layer 2 blockchain
Starkware
ZK-based Layer 2 blockchainInfrastructure - Internet payments infrastructure
Stripe
Internet payments infrastructurePayments, Infrastructure - Zero-knowledge infrastructure
Succinct
Zero-knowledge infrastructureInfrastructure - Shared security protocol & marketplace
Symbiotic
Shared security protocol & marketplaceDeFi, Infrastructure - Synthetic derivatives protocol
Synthetix (SNX)
Synthetic derivatives protocolDeFi, Trading & Markets - Tax & accounting software
TaxBit
Tax & accounting softwareInfrastructure - Blockchain for payments
Tempo
Blockchain for paymentsPayments, Infrastructure - Orbital space defense
True Anomaly
Orbital space defenseHardware & Defense, Infrastructure - Decentralized crypto exchange protocol
Uniswap
Decentralized crypto exchange protocolDeFi, Trading & Markets - Crypto payments & treasury management
Utopia Labs
Crypto payments & treasury managementInfrastructure, Payments - Network for user-owned data
Vana
Network for user-owned dataAI, Infrastructure - Perps for private company valuations
Ventuals (formerly Shadow)
Perps for private company valuationsTrading & Markets - Web3 game
Wildcard
Web3 gameConsumer - Decentralized fixed-rate borrowing & lending protocol
Yield
Decentralized fixed-rate borrowing & lending protocolDeFi - Zcash developers
Zcash Open Development Lab
Zcash developersInfrastructure - Autonomous drone delivery infrastructure
Zipline
Autonomous drone delivery infrastructureHardware & Defense, Consumer, Infrastructure - NFT-based social platform
Zora
NFT-based social platformConsumer, Trading & Markets
Investment disclaimer: The current and historical investments or portfolio companies mentioned, referred to, or described on this page are not representative of all investments in vehicles managed by Paradigm and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments can be found here. Excluded are positions that remain confidential due to competitive considerations or are pending public announcement by portfolio companies, as well as portfolio companies that have shut down without a liquidity event or exit and for which the equity has been written to zero without the corresponding receipt of another asset. Further, the list of investments is updated periodically, and as such may not reflect the most recent Paradigm investments. Past results of Paradigm's investments, pooled investment vehicles, or investment strategies are not indicative of future results.

Careers
We don't just fund the frontier — we build it. Paradigm incubates projects from the ground up, working shoulder-to-shoulder with founders and researchers to turn early ideas into the protocols and companies that define what comes next.
All CareersUniswap
DeFi, Trading & Markets
Uniswap is the leading decentralized exchange protocol, letting anyone swap tokens directly from their own wallet with no intermediary. Its automated market maker design—liquidity pooled in smart contracts rather than order books—became the default architecture for onchain trading and has processed trillions of dollars in cumulative volume across Ethereum and the networks built on top of it.
Founders
Open Roles