According to BlockBeats, on June 14, Paradigm co-founder Matt Huang posted on a social platform that when they founded Paradigm in 2018, they believed that cryptocurrency would become one of the most important technological and economic changes in the next few decades. Now, this belief has become even stronger.

Bitcoin has a market cap of over $1 trillion, and Ethereum, Solana, and other blockchain networks are expanding. Stablecoins are being adopted around the world, and cutting-edge research is accelerating. New infrastructure is enabling consumer applications, hundreds of millions of people own cryptocurrencies, and cryptocurrencies are now a major player on the global political stage.

He stressed that accelerating the positive development of crypto technology is more important than ever, not only as an investor, but also as a builder. In the past few years, they have launched several open source projects, including the popular Ethereum development tool Foundry and the high-performance Ethereum execution node Reth, aimed at promoting the development of crypto technology.