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Paradigm Official Website - Adding Cryptocurrency-related Description
2023-07-02 01:06
Odaily News: Co-founder of Paradigm, Matt Huang, tweeted, "We previously removed all content related to 'cryptocurrency' from our website landing page, which was absurd. It was a mistake. We never left, but now we (the website) are back."

The Paradigm official website states, "We focus on cutting-edge cryptocurrencies and related technologies." The top and bottom borders of the website also display "CRYPTO" in a loop.

According to previous reports, on June 28th, Matt Huang tweeted that Paradigm has never been so focused on cryptocurrencies. They will continue to invest at various stages, publish original research, actively support the development of invested companies such as Uniswap v2, v3, v4, release open-source projects like Foundry and Reth, and advocate for progressive policies.

In May of this year, according to insiders, Paradigm is expanding its focus from solely cryptocurrencies to include "cutting-edge" technologies such as Artificial Intelligence (AI). As shown on their official page, the company removed mentions of cryptocurrencies/Web3 from its website homepage earlier that month and now identifies as a "research-driven technology investment firm." This indicates that the company is repositioning itself to address some of the pitfalls in the cryptocurrency field and the uncertainty of US regulations.