Matt Huang

Zcash led a broad crypto rebound, climbing 23% to about $1,369 as bitcoin traded near $76,258 and several major tokens advanced. The move followed the Federal Reserve’s quarter-point rate increase, which markets treated as largely expected and not necessarily the start of an aggressive tightening cycle.

Paradigm has raised a $1.2 billion venture fund aimed at artificial intelligence and robotics, broadening its investment mandate beyond digital assets. The firm has already backed companies including Zipline International and True Anomaly while maintaining that crypto remains central to its strategy.