# Paradigm's Web3 & Crypto Investments: 52 Startups in Its Portfolio (2026)

> The 52 Web3 & Crypto startups Paradigm has backed, by stage: $6.3B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/paradigm-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

19

- [*M* MoonPay](https://millionrounds.com/company/moonpay)
- [Limit Break](https://millionrounds.com/company/limit-break)
- [BabylonChain](https://millionrounds.com/company/babylonchain)
- [Chainalysis](https://millionrounds.com/company/chainalysis)
- [Aztec](https://millionrounds.com/company/aztec)
- [Compound](https://millionrounds.com/company/compound)
- [Ready](https://millionrounds.com/company/ready)
- [Across Protocol](https://millionrounds.com/company/across-protocol)
- [Ellipsis Labs](https://millionrounds.com/company/ellipsis-labs)
- [Ithaca](https://millionrounds.com/company/ithaca)
- [*M* Monad](https://millionrounds.com/company/monad)
- [*O* O(1)](https://millionrounds.com/company/o-1)
- [DMG Blockchain Solutions](https://millionrounds.com/company/dmg-blockchain-solutions)
- [MetaDAO](https://millionrounds.com/company/metadao)
- [*F* FTX](https://millionrounds.com/company/ftx)
- [Showtime](https://millionrounds.com/company/showtime)
- [Sorella Labs](https://millionrounds.com/company/sorella-labs)
- [Spacemesh](https://millionrounds.com/company/spacemesh)
- [Zora](https://millionrounds.com/company/zora)

## Series A

16

- [BlockFi](https://millionrounds.com/company/blockfi)
- [FTX US](https://millionrounds.com/company/ftx-us)
- [Lightspark](https://millionrounds.com/company/lightspark)
- [Farcaster](https://millionrounds.com/company/farcaster)
- [Royal](https://millionrounds.com/company/royal)
- [Succinct](https://millionrounds.com/company/succinct)
- [Nxyz](https://millionrounds.com/company/nxyz)
- [Etherealize](https://millionrounds.com/company/etherealize)
- [Thesis](https://millionrounds.com/company/thesis)
- [Symbiotic](https://millionrounds.com/company/symbiotic)
- [Irreducible](https://millionrounds.com/company/irreducible)
- [Crown](https://millionrounds.com/company/crown)
- [Tagomi](https://millionrounds.com/company/tagomi)
- [Tessera](https://millionrounds.com/company/tessera)
- [Rise](https://millionrounds.com/company/rise)
- [Kuru](https://millionrounds.com/company/kuru)

## Pre-seed and seed

10

- [LootRush](https://millionrounds.com/company/lootrush)
- [Blowfish](https://millionrounds.com/company/blowfish)
- [Yield Protocol](https://millionrounds.com/company/yield-protocol)
- [*S* Shadow](https://millionrounds.com/company/shadow)
- [Mad Realities](https://millionrounds.com/company/mad-realities)
- [Dework](https://millionrounds.com/company/dework)
- [Reflexer Labs](https://millionrounds.com/company/reflexer-labs)
- [Sia](https://millionrounds.com/company/sia)
- [Samudai](https://millionrounds.com/company/samudai)
- [Sigma Chain](https://millionrounds.com/company/sigma-chain)

## Series C and later

7

- [Coinbase](https://millionrounds.com/company/coinbase)
- [OpenSea](https://millionrounds.com/company/opensea)
- [*P* Phantom](https://millionrounds.com/company/phantom)
- [*SM* Sky Mavis](https://millionrounds.com/company/sky-mavis)
- [Mesh](https://millionrounds.com/company/mesh)
- [.bit](https://millionrounds.com/company/bit)
- [Matrixport](https://millionrounds.com/company/matrixport)

## Segment by segment

### Stage not reported

19 startups · $873M raised

- [*M* **MoonPay**](https://millionrounds.com/company/moonpay) MoonPay is a financial technology company that builds payments infrastructure for crypto. United States $200M
- [**Limit Break**](https://millionrounds.com/company/limit-break) Limit Break is a Web3 gaming company founded in 2021 by Gabriel Leydon and Halbert Nakagawa, both experienced in the gaming industry. United States $200M
- [**BabylonChain**](https://millionrounds.com/company/babylonchain) Babylon designs security protocols to leverage security for decentralized systems, allowing features like secure timestamps and staking. United States $75M
- [**Chainalysis**](https://millionrounds.com/company/chainalysis) Chainalysis provides blockchain data and analysis to governments, banks, and businesses worldwide. United States $66M
- [**Aztec**](https://millionrounds.com/company/aztec) Aztec is a fully decentralized, privacy-preserving Layer 2 blockchain built on Ethereum. United Kingdom $63M
- [**Compound**](https://millionrounds.com/company/compound) Compound offers a personalized wealth management experience for entrepreneurs, professionals, and retirees powered by a world-clas United States $58M
- [**Ready**](https://millionrounds.com/company/ready) United States $45M
- [**Across Protocol**](https://millionrounds.com/company/across-protocol) Across Protocol is a cross-chain interoperability protocol and bridge designed to facilitate the transfer and swapping of assets b United States $41M

### Series A

16 startups · $1.6B raised

- [**BlockFi**](https://millionrounds.com/company/blockfi) BlockFi is a financial technology company that connects traditional finance with the cryptocurrency market. United States $476M
- [**FTX US**](https://millionrounds.com/company/ftx-us) FTX US allows users to trade a variety of digital assets like bitcoin, ethereum, solana, and dogecoin. United States $400M
- [**Lightspark**](https://millionrounds.com/company/lightspark) Lightspark is SaaS that helps institutions plan and execute programs that reduce carbon emissions for their residential homeowner customers. United States $175M
- [**Farcaster**](https://millionrounds.com/company/farcaster) Farcaster is a social network that helps coders, fitness enthusiasts, and meme makers find people based on their interests. United States $150M
- [**Royal**](https://millionrounds.com/company/royal) Royal is a car dealership and service center. United States $55M
- [**Succinct**](https://millionrounds.com/company/succinct) Succinct builds zero-knowledge infrastructure for developers. United States $55M
- [**Nxyz**](https://millionrounds.com/company/nxyz) nxyz is a California-based web3 platform that offers big data infrastructure solutions for blockchain applications. United States $40M
- [**Etherealize**](https://millionrounds.com/company/etherealize) Etherealize is a New York-based company founded in 2024 that connects traditional Wall Street institutions to the Ethereum ecosystem. United States $40M

### Pre-seed and seed

10 startups · $64M raised

- [**LootRush**](https://millionrounds.com/company/lootrush) LootRush is a global crypto gaming and NFT rental platform founded in 2021 and based in San Francisco, California. United States $12M
- [**Blowfish**](https://millionrounds.com/company/blowfish) Blowfish detects and prevents fraud before any fraud occurs. Spain $12M
- [**Yield Protocol**](https://millionrounds.com/company/yield-protocol) Yield Protocol is a decentralized finance (DeFi) platform that focuses on fixed-rate, fixed-term borrowing and lending for digital assets. United States $10M
- [*S* **Shadow**](https://millionrounds.com/company/shadow) United States $9.0M
- [**Mad Realities**](https://millionrounds.com/company/mad-realities) Mad Realities is a Gen Z-focused entertainment and media company founded in 2021 by Alice Ma and Devin Lewtan. United States $6.0M
- [**Dework**](https://millionrounds.com/company/dework) Dework is a project management and task management platform designed specifically for decentralized organizations and DAOs. Sweden $5.0M
- [**Reflexer Labs**](https://millionrounds.com/company/reflexer-labs) Reflexer Labs is a decentralized finance (DeFi) company dedicated to creating open-source, on-chain monetary infrastructure for Ethereum. United States $4.1M
- [**Sia**](https://millionrounds.com/company/sia) SIA is a European leader in the design, creation, and management of technology infrastructures and services for Financial Institutions. Italy $3.0M

### Series C and later

7 startups · $3.8B raised

- [**Coinbase**](https://millionrounds.com/company/coinbase) Coinbase is a crypto exchange and wallet platform that allows merchants and consumers to buy, sell, and store digital currencies. United States $3.0B
- [**OpenSea**](https://millionrounds.com/company/opensea) OpenSea is the world's first and largest peer-to-peer marketplace for non-fungible tokens (NFTs) and digital assets. United States $302M
- [*P* **Phantom**](https://millionrounds.com/company/phantom) China $165M
- [*SM* **Sky Mavis**](https://millionrounds.com/company/sky-mavis) Vietnam $152M
- [**Mesh**](https://millionrounds.com/company/mesh) Electronics-focused Venture Capital Firm United States $81M
- [**.bit**](https://millionrounds.com/company/bit) BIT, or Behavioural Insights Team, is a global social purpose company and behavioural science consultancy founded in 2010. United Kingdom $51M
- [**Matrixport**](https://millionrounds.com/company/matrixport) Matrixport is a digital assets financial services platform where users can invest, trade, and leverage crypto assets. Singapore $38M

**How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names Paradigm as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Paradigm's AI portfolio** 14 startups · $1.1B](https://millionrounds.com/portfolio-maps/paradigm-ai-portfolio)[Sector portfolio **Paradigm's Fintech portfolio** 11 startups · $5.6B](https://millionrounds.com/portfolio-maps/paradigm-fintech-portfolio)[Co-investors **Who invests with Paradigm** 87 co-investors](https://millionrounds.com/portfolio-maps/paradigm-co-investors)[Portfolio map **Paradigm portfolio map** 86 startups · $13B](https://millionrounds.com/portfolio-maps/paradigm-portfolio-map)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)

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