Paradigm’s Fred Ehrsam announced on Tuesday that he’s moving to General Partner from Managing Partner.

“This change allows me to carve out some time to explore areas of science that are of personal passion for me,” Ehrsam said in a post on X. “I have personally been investing in and supporting bio research for several years and am excited to ramp up these efforts.”

Paradigm co-founder Matt Huang has taken more of the leadership role, Ehrsam added. With the new role, Ehrsam will continue to work on crypto policy, and work with Paradigm’s investing and research teams. 

“After starting Coinbase with Brian [Armstrong], I somehow managed to win the co-founder lottery yet…

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