Paradigm 的 8.5 億美元加密戰基金標誌著產業復甦

Paradigm 是一家領先的加密創投公司，計劃籌集 8.5 億美元的投資資金。儘管之前曾遭遇 FTX 崩盤等挫折，但 Paradigm 的樂觀情緒反映出近期市場在現貨比特幣 ETF 等批准的推動下復甦。創投公司正在積極尋求資金，Hivemind Capital 和 Hack VC 等公司也在尋求融資措施。

Paradigm's Monumental $850 Million Fundraising Drive Signals Crypto Industry's Resurgence

Paradigm 的 8.5 億美元籌款活動標誌著加密產業的復甦

In a testament to the burgeoning optimism coursing through the cryptocurrency industry, leading venture capital firm Paradigm has embarked on an ambitious fundraising drive, targeting a staggering $850 million. This audacious endeavor, if successful, will rank among the most substantial crypto funds raised since the May 2022 market downturn.

領先的創投公司 Paradigm 已經開始了一項雄心勃勃的融資活動，目標是籌集 8.5 億美元，證明了加密貨幣行業蓬勃發展的樂觀情緒。這一大膽的嘗試如果成功，將躋身自 2022 年 5 月市場低迷以來籌集的金額最大的加密貨幣基金之列。

A Glimpse into Paradigm's Investment Portfolio

Paradigm 投資組合一覽

Paradigm, co-founded by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, boasts an impressive track record in crypto investments. In November 2021, the firm secured $2.5 billion for a fund earmarked for investments in crypto companies and protocols. While not all investments have borne fruit, Paradigm has made notable bets on Coinbase, Blur, Compound, dYdX, and Citadel Securities.

Paradigm 由 Coinbase 聯合創始人 Fred Ehrsam 和前紅杉合夥人 Matt Huang 共同創立，在加密貨幣投資方面擁有令人印象深刻的記錄。 2021 年 11 月，該公司為一隻專門用於投資加密貨幣公司和協議的基金籌集了 25 億美元。雖然並非所有投資都取得了成果，但 Paradigm 對 Coinbase、Blur、Compound、dYdX 和 Citadel Securities 進行了重大押注。

Market Context: Crypto's Meteoric Rise and Fall

市場背景：加密貨幣的快速興衰

The crypto market reached its zenith in May 2022, but the subsequent months witnessed a precipitous decline in digital asset prices. By January, venture capital investment in the crypto sector had dwindled to $9.5 billion, a sharp drop from the previous year. Scandals and regulatory hurdles cast a pall over the industry, hampering fundraising efforts.

加密貨幣市場在 2022 年 5 月達到頂峰，但隨後幾個月見證了數位資產價格的急劇下跌。截至 1 月份，加密貨幣領域的創投已減少至 95 億美元，較前一年大幅下降。醜聞和監管障礙給該行業蒙上了陰影，阻礙了籌款工作。

Crypto's Resurgence and Fundraising Surge

加密貨幣的復甦和籌款激增

However, the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has rekindled bullish sentiment in the crypto industry. This newfound optimism has ignited a surge in venture capital funding for crypto projects, with March witnessing a remarkable 52.5% month-over-month increase in VC investments.

然而，美國證券交易委員會（SEC）批准現貨比特幣交易所交易基金（ETF），重新點燃了加密產業的看漲情緒。這種新出現的樂觀情緒引發了加密貨幣專案創投的激增，3 月創投環比成長了 52.5%。

Paradigm Embraces the Resurgence

範式擁抱復興

Paradigm is not the only crypto-focused venture capital firm capitalizing on the recent market resurgence. Other firms, such as Hivemind Capital and Hack VC, are also pursuing substantial fundraising efforts.

Paradigm 並不是唯一一家利用近期市場復甦的加密貨幣創投公司。 Hivemind Capital 和 Hack VC 等其他公司也正在進行大量融資活動。

"With millions of users and regulatory clarity emerging across the world, it is clear that Web3 is here to stay," said Managing Partner Alex Pack of Hivemind Capital. "However, like the early days of the internet, Web3 still requires an infrastructural paradigm shift in scalability, security, and usability before it is ready for mainstream usage."

Hivemind Capital 的執行合夥人 Alex Pack 表示：“隨著全球數以百萬計的用戶和監管的明確化，Web3 顯然將繼續存在。” “然而，就像互聯網的早期一樣，Web3 在為主流使用做好準備之前仍然需要在可擴展性、安全性和可用性方面進行基礎設施範式轉變。”

VC Investments Prioritize Infrastructure Projects

創投優先考慮基礎設施項目

Indeed, VC investors, both in the crypto and AI sectors, are increasingly prioritizing infrastructure projects. This strategic shift complements the growth of Web3 and the imperative to enhance scalability, security, and usability for mainstream adoption.

事實上，加密貨幣和人工智慧領域的風險投資者越來越優先考慮基礎設施項目。這項策略轉變補充了 Web3 的發展以及增強可擴展性、安全性和可用性以實現主流採用的必要性。

Conclusion: Crypto Industry's Renewed Momentum

結論：加密貨幣產業的新動力

Paradigm's $850 million fundraising drive is a resounding testament to the renewed momentum in the crypto industry. Venture capital firms are recognizing the transformative potential of crypto and blockchain technology and are eager to capitalize on its growth trajectory.

Paradigm 的 8.5 億美元融資活動有力地證明了加密產業的新勢頭。創投公司正在認識到加密貨幣和區塊鏈技術的變革潛力，並渴望利用其成長軌跡。

As the crypto market continues its resurgence, it will be fascinating to observe the impact of these substantial investments on Web3's maturation and the broader adoption of digital assets. Paradigm's fundraising drive is a beacon of optimism, signaling the industry's unwavering belief in the future of crypto and its transformative potential for the global economy.

隨著加密貨幣市場的持續復甦，觀察這些大量投資對 Web3 的成熟和數位資產更廣泛採用的影響將是一件有趣的事情。 Paradigm 的籌款活動是樂觀的燈塔，表明該行業對加密貨幣的未來及其對全球經濟的變革潛力的堅定信念。