Digital Asset Management Firm ParaFi Completes $125 Million New Venture Capital Fundraising

Odaily News: New York-based digital asset management firm ParaFi Capital has completed a $125 million fundraising for a new venture capital fund this month. Founder Ben Forman stated that ParaFi is currently focused on companies in the stablecoin, tokenization, and institutional on-chain finance sectors, having already invested in projects such as Anchorage, Bitwise, and Polymarket.

In addition to the aforementioned fundraising, ParaFi has raised an additional $325 million since the beginning of 2025 for its digital asset investment strategies, with current assets under management (AUM) totaling approximately $2 billion. Founded in 2018, ParaFi's backers include Bain Capital Ventures and KKR co-founder Henry Kravis. In 2024, the company raised $120 million from investors including Theta Capital Management and Accolade Partners.