Investing and research are one integrated team at Paradigm.
We work on technical problems in which theory and implementation inform each other. We build open source systems, contribute to research, and help founders reason from first principles. Our work is meant to expand what builders can prove, deploy, and scale.
Research Index
Our research spans cryptography and markets to AI security and protocol design. It manifests in open source tools, protocol contributions, and new primitives for builders.
Project Kryptos
Paradigm is the steward of the solution to Kryptos, a cryptography puzzle that has gone unsolved for 35 years. Our new capture-the-flag contest encourages the development of better techniques for solving Kryptos and puzzles like it.
https://paradigm.xyz/kryptos




