Paradigm public wallets
Let's start with the largest one.
Almost the entire contents of the wallet are 89,954 ETH.
The following wallet contains part the company's investment in LidoFinance.
This wallet stores 70,000,000 LDO, which is 7.8% of the circulating supply.
The last wallet contained 8,369 ETH and a certain amount of OP.
A question may arise: Why is Paradigm not participating in DeFi? The reason is that they do not disclose all the wallets in which they hold funds.
If we look at the connections of the Paradigm wallet with other protocols, we can see that they have much less transactions compared to other VCs, which again proves that they have a large number of undetected wallets.
Paradigm investment portfolio
More than 45% of investments were directed to DeFi and infrastructure areas.
If you look at investments in 2023, you can highlight many high-profile projects, including flashbots (estimated at $1 billion), StarkWare.
Friendtech
Friendtech has been one of Paradigm's best-performing investments over the past three months.
Uniswap
Paradigm recently invested in Uniswap to support the development of V4.
Uniswap is currently the leading decentralized exchange and the upcoming V4 update will undoubtedly have a significant impact on the entire DeFi ecosystem.
Conduit
Given the trend of creating DApp + Rollup projects to gain more control and a higher level of regulation, investing in Conduit is definitely a smart move.
