# Paradigm Tops KaitoAI’s Crypto Investment Firm Scoreboard
Paradigm is at the forefront, boasting a remarkable 11.80% performance score, according to KaitoAI’s most recent standings. Close behind are Dragonfly, Alliance, a16z, and 1kx.
Paradigm, established by Coinbase co-creator Fred Ehrsam and ex-Sequoia Capital associate Matt Huang, has a talent for identifying prospective crypto initiatives in their infancy. They were initial backers of Uniswap (UNI) and dYdx, a key participant in decentralized derivatives. Paradigm has also been a staunch advocate of Optimism (OP), an Ethereum scaling solution created to alleviate bottlenecks and decrease transaction costs. They even spearheaded a $255 million financing round for StarkNet, another well-regarded Ethereum scaling network that utilizes zero-knowledge rollups to enhance transaction effectiveness and scalability.
Dragonfly has participated in early funding rounds for significant projects such as Avalanche (AVAX), a top-20 cryptocurrency by market capitalization, and NEAR Protocol (NEAR), which is currently outperforming leading AI tokens according to Coinmarketcap. They were also early investors in Compound, a well-known TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America lending protocol, and MakerDAO, the creator of Dai (DAI).
Alliance, a crypto incubator for early-stage Web3 startups, includes Story Protocol (IP), which recently joined the ranks of top AI tokens by market capitalization, among its most noteworthy investments. They also support Manta Network and Pump.fun, a meme coin launchpad hosted on Solana (SOL).
In KaitoAI’s latest crypto venture capital rankings, Paradigm claims the top position with a performance metric of 11.80%. Alliance comes in second with 10.64%, while Dragonfly secures third place with 8.32% of total venture capital funds. a16z crypto ranks fourth with 6.94%, and Multicoin Capital rounds out the top five with 5.86%.
Andreessen Horowitz’s portfolio includes Coinbase, which has evolved into one of the globe’s largest cryptocurrency exchanges.
Andreessen Horowitz likewise backs Uniswap, Celo (CELO), Compound, and Dapper Labs, the entity that created CryptoKitties.
Numerous other businesses have also been included in KaitoAI’s most recent rating of crypto venture capital firms within the top 20, aside from the leading five. Trailing closely is Mechanism Capital, possessing a stake of 3.49%, whereas Maven 11 has a share of 3.23%. Framework Ventures and Delphi Digital both possess a share of 2.95%. Primitive Ventures is next, with a share of 2.00%, with CoinFund trailing behind at 1.86%. Robot Ventures holds a share of 1.80%, while BITKRAFT Ventures has a share of 1.25%. Signum Capital has a share of 1.38%, and Pantheon Ventures has a share of 1.07%.
Multicoin Capital’s primary investments encompass Solana and the decentralized storage network Arweave (ARWEAVE). It also backs Helium (HNT) and The Graph (GRT).
Variant is ranked sixth with a share of 5.69%, closely followed by Multicoin Capital, with a share of 5.86%. 6MV is ranked eighth, with a share of 5.26%, closely followed by 1confirmation, with a share of 4.48%, and Electric Capital secures a position with a share of 3.61%.
