It seems even the Ivy League wants a piece of the cryptocurrency and blockchain action. While academic institutions have been gradually evolving to include blockchain and cryptocurrency courses, they have mostly stayed away from investing in the industry – until now.

Yale University has purportedly backed a new multi-million dollar crypto-fund, co-founded by former Coinbase and Sequioa Capital execs. The Ivy League school helped the new venture, called Paradigm, raise $400 million, Bloomberg reports. It remains unclear precisely how big Yale’s investment in the fund is, though. As far as Paradigm goes, the fund plans to invest in early-stage startups focused…

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