$1.2 billion raised for new crypto and AI fund, Matt Huang reveals

$1.2 billion raised for new crypto and AI fund, Matt Huang reveals
Paradigm unveils $1.2 billion crypto fund

Matt Huang, co-founder and managing partner at Paradigm, announces the launch of Paradigm’s fourth fund with $1.2 billion dedicated to investments in crypto, AI, robotics, and related advanced technology sectors.

The fund aims to support innovation and growth across emerging fields at the technical frontier.

Huang has previously noted that Stripe, Meta, and Deel are integrating stablecoins on Tempo. He also reported that Stripe, Visa, and Coinbase are launching OpenUSD, an open stablecoin natively on Tempo. These developments highlight ongoing interest in digital assets by major technology and payment firms.

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