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Coinbase co-founder Fred Ehrsam and ex-Sequoia partner Matt Huang announce Paradigm One, a $2.5B fund focused on crypto and Web3 (Miles Kruppa/Financial Times)

Miles Kruppa / Financial Times:
Coinbase co-founder Fred Ehrsam and ex-Sequoia partner Matt Huang announce Paradigm One, a $2.5B fund focused on crypto and Web3  —  Fred Ehrsam is behind $2.5bn fund Paradigm One, to which investors jockeyed to commit money  —  Cryptocurrencies are booming, and a three-year-old investment firm …