Business classification

VCID: 578816
    Profile

    Corporate information

    Official name
    Paradigm Operations LP

    Registration country
    Investment activity status
    Active investor

    Company type

    Cryptocurrency investment fund.

    Fund terms

    Vintage
    2018
    Fund type


    Overview

    Investment firm focused on supporting the crypto/Web3 companies and protocols of tomorrow. Our approach is flexible, long term, multi-stage, and global. We often get involved at the earliest stages of formation and continue supporting our portfolio companies over time.

    Funding rounds

    Fund Closing USD 400,000,000


    USD 400,000,000 (31 Dec 2018)

    Profile Country Notes
    Sequoia Capital Operations LLC Venture capital firm. United States
    Yale University United States

    Current and past shareholders

    Investment preferences

    Investment focus themes
    Stage focus

    Selected investments

    Country Date Notes
    Conduit XYZ Inc
    On-chain compute company.
    26 Jun 2024 Series A
    Initial investment. Led the investment round. Active
    Farcaster
    Decentralised social media protocol.
    21 May 2024 N/A
    Initial investment. Round participant. Active
    Ellipsis Labs
    Solana-based decentralized exchange developer.
    Apr 2024 Series A
    Initial investment. Round participant. Active
    OpenSea Inc
    Marketplace for non-fungible assets on the Ethereum blockchain.
    United States 31 Dec 2022 N/A
    Initial investment. Round participant. Active
    Magic Eden
    Solana NFT marketplace.
    United States 21 Jun 2022 Series B
    Initial investment. Round participant. Active
    FTX Trading Ltd
    Cryptocurrency derivatives exchange.
    Antigua & Barbuda 1 Jan 2022
    21 Jul 2021
    N/A
    Initial investment. Round participant. Active
    Synthetix
    Derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
    31 Dec 2021 N/A
    Initial investment. Round participant. Active
    Chainalysis Inc
    Cryptocurrency investigation and compliance solutions for global law enforcement agencies, regulators and businesses.
    United States 26 Mar 2021
    31 Dec 2021
    N/A
    Follow-on investment. Round participant. Active
    BlockFi
    Provider of wealth management products for crypto investors, powered by blockchain technology.
    United States 31 Dec 2021 N/A
    Initial investment. Round participant. Active
    Zora
    Allowing NFT creators to own their work and creating singular, on-chain markets for each NFT.
    31 Dec 2021 N/A
    Initial investment. Round participant. Active
    dYdX
    Developer of a decentralised exchange on a mission to build open, secure, and powerful financial products.
    31 Dec 2021 N/A
    Initial investment. Round participant. Active
    Fractional
    Decentralized protocol to mint tokenized fractional ownership of NFTs and turn them into ERC20 tokens that act as governing tokens of an NFT.
    19 Aug 2021 N/A
    Initial investment. Led the investment round. Active
    Taxbit Inc
    Crypto-asset tax platform for consumers, enterprises, and governments.
    United States 2 Mar 2021
    13 Aug 2021
    Series B
    Initial investment. Round participant. Active
    Gitcoin
    Community for developers to collaborate and monetize their skills while working on Open Source projects with bounties.
    14 Apr 2021 Private Round
    Initial investment. Led the investment round. Active
    Argent Labs
    Ethereum-based mobile wallet to manage crypto assets and identity.
    31 Dec 2020 N/A
    Initial investment. Round participant. Active
    Flashbots
    Research and development organization working on mitigating the negative externalities of miner extrracted value (MEV).
    31 Dec 2020 N/A
    Initial investment. Round participant. Active
    Gauntlet Networks Inc
    Simulation platform for building financial models of blockchain protocols and applications.
    31 Dec 2020 N/A
    Initial investment. Round participant. Active

    DISCLAIMER: This chart is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.