Fred Ehrsam, the co-founder and managing partner of Paradigm, has announced his decision to transition to a less prominent role within the company as he seeks to explore other interests.

“My role at Paradigm will be shifting from Managing Partner to General Partner,” Ehrsam stated.

Co-Founder of Paradigm Commits to Ongoing Industry Involvement

In a post shared on X (formerly Twitter), Ehrsam reiterates that he will maintain his engagement with Paradigm. However, he will distance himself from the day-to-day managerial operations.

“I’ll continue to work with our investing & research teams, work with portfolio companies, and fight for good crypto policy, while focusing less on the day to day management of the firm.”

Ehrsam mentions his commitment to collaborating with Matt Huang, co-founder of Paradigm, and the entire Paradigm team to “keep pushing the frontier of crypto forward.”

“This change allows me to carve out some time to explore areas of science that are of personal passion for me,” Ehrsam stated.

Paradigm’s Vocal Stance on US Crypto Regulation

Ehrsam recognizes his good fortune in establishing two thriving crypto industry companies:

“After starting Coinbase with Brian, I somehow managed to win the co-founder lottery yet again,” Ehrsam stated.

Meanwhile, Ehrsam affirms that he maintains his confidence in crypto, even

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Author: Ciaran Lyons

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