Paradigm, the crypto-native venture capital firm with roughly $12.7 billion in assets under management, just closed a $1.2 billion fund dedicated to artificial intelligence and robotics.
What Paradigm is actually buying
The fund has already deployed capital into two non-crypto companies. Zipline International, an autonomous drone-delivery service, carries a $7.6 billion valuation as of January 2026. True Anomaly, a space-defense startup, was valued at $2.2 billion in April 2026.
Managing partner Alana Palmedo framed the expansion as a natural evolution rather than a pivot. The firm sees autonomous agents and AI-powered payment systems as deeply connected to the crypto infrastructure it already funds.
The fundraising track record
