Digital asset manager ParaFi raises $125 million for new venture fund: Bloomberg

New York-based digital asset manager ParaFi Capital raised $125 million for a new venture fund this month, according to a Bloomberg report citing founder Ben Forman. The fund is currently concentrating on companies involved in stablecoins, tokenization, and institutional onchain finance. ParaFi already holds investments in major crypto entities like Anchorage, Bitwise, and Polymarket. Forman suggested this successful fundraising demonstrates that sophisticated investors can differentiate between short-term market volatility and the long-term adoption of blockchain financial infrastructure. Outside of this recent raise, ParaFi has secured an additional $325 million for ongoing strategies since early 2025, bringing its total assets under management to approximately $2 billion. The firm, founded in 2018, is backed by entities including Bain Capital Ventures and KKR & Co. co-founder Henry Kravis.

(Source：The Block)