Paradigm co-founder Matt Huang tweeted that Paradigm has never been so focused on cryptocurrency. Five years ago, when Fred and I founded Paradigm, there was no complete plan. We were just curious about the future, firm believers in cryptocurrency, and eager to push the frontier of possibility. Our smartest decision was to create the role of "Research Partner" early on. Five years later, we are still learning a lot from the research-driven approach we stumbled upon. Investing makes us better researchers, and research makes us better investors. We hire curious people and push them to follow their intuition.
Matt Huang said that we have never been so excited about cryptocurrency. We will continue to invest at all stages, publish original research, actively promote the development mechanisms of invested companies (such as Uniswap v2, v3, v4), release open source projects (Foundry, Reth), and advocate enlightened policies. The development of artificial intelligence is too interesting to be ignored. Both cryptocurrency and artificial intelligence are interesting, and there will be a lot of overlap. We are very happy to continue exploring.
As previously reported, in May this year, people familiar with the matter revealed that Paradigm is expanding its focus from cryptocurrency to include "cutting-edge" technologies such as artificial intelligence (AI). According to the official page, the company deleted the mention of cryptocurrency/Web3 from its website homepage earlier that month and now calls itself a "research-driven technology investment company." This indicates that the company is repositioning itself to deal with some of the crashes in the crypto space and uncertainty in U.S. regulation.