Paradigm, a crypto venture firm co-founded by a Coinbase executive, is in talks to raise $750-850 million for a new investment fund.

This fund would be the largest in the crypto industry since the 2022 market crash, led by Coinbase co-founder Fred Ehrsam and ex-Sequoia partner Matt Huang.

Despite being embroiled in controversies and a lawsuit, Paradigm continues to invest heavily in the crypto sector.

The move reflects a broader trend of increased VC investment in crypto, with a focus on infrastructure projects in crypto and AI.

The fundraising and industry trends are expected to be topics at Benzinga’s Future of Digital Assets conference.

Potential investors are cautioned to thoroughly evaluate risks before committing funds to Bitcoin, cryptocurrency, or digital assets.