Paradigm Operations LP
Paradigm Operations LP is an investment adviser headquartered in San Francisco, California. The firm provides advisory services to pooled investment vehicles and is focused on the digital asset and cryptocurrency sector. It manages multiple funds and serves high-net-worth individuals, institutions, and sophisticated investors interested in blockchain technology and the digital economy. As of April 2025, Paradigm Operations LP manages $12.7 billion in assets and employs 63 people, approximately 22% of whom are investment professionals.
Investment Strategy
Paradigm Operations LP primarily invests in early-stage and growth-stage companies and protocols within the cryptocurrency and digital asset ecosystem. The firm seeks opportunities across the blockchain technology landscape, backing transformative founders and projects that advance digital finance. Its approach combines active involvement in portfolio companies, long-term investment horizons, and a focus on disruptive innovation in decentralized finance (DeFi), Web3 infrastructure, and related sectors.
Top Holdings
Equity Positions (2)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
C COIN | COINBASE GLOBAL INC | 82.40% | $1.45B | 4,128,033 | $167.14 | $350.49 | +$735.9M |
H HOOD | ROBINHOOD MKTS INC | 17.60% | $309.0M | 3,300,000 | $93.63 | $93.63 | +$309.0M |