Cryptocurrency venture capital firm Paradigm announced on July 9 that it has raised $1.2 billion for its fourth fund, expanding its investment scope to artificial intelligence, robotics, and other frontier fields; the company stated that the new fund will primarily invest in cryptocurrencies. Other crypto VCs are also expanding simultaneously: Framework Ventures raised $400 million last month for its fourth fund.
Paradigm's Fourth Fund $1.2 billion: Initially investing in cryptocurrencies, now expanding to AI, robotics, and frontier fields
According to an official Paradigm statement, the fourth fund will "initially invest in cryptocurrencies, now also investing in artificial intelligence, robotics, and other frontier fields"; the company emphasized that it will continue investing in cryptocurrencies and reshaping markets and financial systems, citing existing investments in Hyperliquid (a crypto perpetual contract exchange) and Kalshi (a prediction market platform).
According to a February 2026 report by The Wall Street Journal, Paradigm was seeking to raise $1.5 billion at that time, ultimately completing a raise of $1.2 billion.
Paradigm's non-crypto investments: Zipline drone delivery, SendCutSend robot manufacturing
According to an official Paradigm statement, its non-cryptocurrency investments include:
Zipline: Autonomous drone delivery service
SendCutSend: Robot metal manufacturing platform
Nous Research: AI company that created the open-source AI model Hermes Agent
Paradigm is also researching and building tools to accelerate the development of the cryptocurrency industry, including blockchain tools Foundry and Reth, as well as AI projects EVMbench and Centaur.
Crypto VC firms' AI expansion: Framework Ventures raises $400 million
Reports indicate that multiple crypto venture firms are expanding into AI: Framework Ventures raised $400 million last month for its fourth fund, covering cryptocurrencies, AI, robotics, and energy; Haun Ventures raised $1 billion in May 2026 to support crypto startups and for the first time expanded into AI.
This trend aligns with the overall movement of many crypto-focused companies being attracted to the highly profitable and rapidly growing AI sector.
Crunchbase: H1 2026 global VC reaches a record $510 billion
According to a report released by Crunchbase on July 2, 2026, global venture capital investment in the first half of 2026 reached $510 billion, setting a record high for half-year investments, surpassing the total of $440 billion in 2025; most of the investments went into AI companies, with funding for OpenAI and Anthropic accounting for over 40%. According to Cryptorank data, funds flowing into the cryptocurrency sector during the same period totaled $10.8 billion, representing only a small portion of the total global VC.
Frequently Asked Questions
What is the size and investment focus of Paradigm's fourth fund?
According to an official Paradigm statement, the fourth fund raised $1.2 billion, expanding its investment scope from cryptocurrencies to artificial intelligence, robotics, and other frontier fields, while continuing to invest in cryptocurrencies and the reshaping of markets and financial systems.
How much funding has Paradigm raised in total so far?
Reports indicate that Paradigm was founded in 2018 and has raised over $4 billion through three crypto-focused funds; with this fourth fund of $1.2 billion, the total capital raised exceeds $5.2 billion.
Are other crypto VC firms also expanding into AI?
Reports show that Framework Ventures raised $400 million last month for its fourth fund (covering crypto, AI, robotics, and energy), and Haun Ventures raised $1 billion in May 2026, foraying into AI for the first time, reflecting a systemic trend of crypto VCs expanding into AI.
