Profile
Corporate information
Official name
Paradigm Operations LP
Registration country
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.
Team
Current employees
Arjun Balaji | |||
Doug Feagin | |||
Reena Jashnani-Slusarz | |||
Georgios Konstantopoulos | |||
Charles Noyes | (from Dec 2018) |
||
Caitlin Pintavorn | |||
Dan Robinson | |||
Storm Slivkoff |
Funding
Funding rounds
Fund Closing USD 400,000,000
USD 400,000,000 (31 Dec 2018)
Investor | Profile | Country | Notes | |
---|---|---|---|---|
Sequoia Capital Operations LLC | Venture capital firm. | United States | ||
Yale University | United States |
Cap Table
Current and past shareholders
Investor | Contacts | Round | |
---|---|---|---|
Sequoia Capital Operations LLC Venture capital firm. |
+1 (650) 854-3927 |
Fund Closing | |
Yale University |
Fund Closing |
Investments
Investment preferences
Investment focus themes
Selected investments
Company | Country | Date | Notes | ||
---|---|---|---|---|---|
Conduit XYZ Inc On-chain compute company. |
26 Jun 2024 | Series A Initial investment. Led the investment round. Active |
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Farcaster Decentralised social media protocol. |
21 May 2024 | N/A Initial investment. Round participant. Active |
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Ellipsis Labs Solana-based decentralized exchange developer. |
Apr 2024 | Series A Initial investment. Round participant. Active |
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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 |
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FTX Trading Ltd Cryptocurrency derivatives exchange. |
Antigua & Barbuda | 1 Jan 2022 21 Jul 2021 |
N/A Initial investment. Round participant. Active |
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Synthetix Derivatives liquidity protocol providing the backbone for derivatives trading in DeFi. |
31 Dec 2021 | N/A Initial investment. Round participant. Active |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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Argent Labs Ethereum-based mobile wallet to manage crypto assets and identity. |
31 Dec 2020 | N/A Initial investment. Round participant. Active |
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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 |
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Gauntlet Networks Inc Simulation platform for building financial models of blockchain protocols and applications. |
31 Dec 2020 | N/A Initial investment. Round participant. Active |