ParaFi Capital company
Overview
ParaFi Capital is an investment firm focused on blockchain and digital assets, founded in 2018 by Ben Forman, who is Founder and Managing Partner. Forman spent the first decade of his career in institutional investing roles at asset managers including KKR and TPG before starting the firm, which was one of the earliest dedicated blockchain investment shops. ParaFi has expanded beyond direct investing into fund-of-funds and GP-stake strategies: it raised $120 million to acquire general-partner stakes in other digital asset funds focused on specific market segments, strategies or geographies, with a stated plan to build a portfolio of 30 to 50 such stakes over three to five years. The firm has also been an early adopter of tokenisation on the issuer side, tokenising a portion of a $1 billion venture fund on Avalanche via Securitize — placing it alongside BlackRock, Hamilton Lane and KKR among institutions using Securitize for tokenised fund structures. Founded in 2018 as one of the first blockchain-dedicated investment firms, ParaFi later added a GP-stakes strategy with a $120 million raise reported in August 2024, and tokenised part of a $1 billion venture fund on Avalanche through Securitize.
Within the DeFi Intel graph, ParaFi Capital connects to 6 tracked entities, most strongly to Securitize $47M Strategic Round, Wormhole Foundation (2023 spinout), Fireblocks Series E.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
participated | Securitize $47M Strategic Round | 95% |
invested_in | Wormhole Foundation (2023 spinout) | 90% |
participated | Fireblocks Series E | 90% |
co_invested_in | Securitize | 85% |
invested-in | Polymarket Prediction Market | 85% |
invested_in | Wormhole $225M token-warrant raise | 85% |
Frequently asked questions
What is ParaFi Capital?
ParaFi Capital is a crypto-investment-firm tracked in the DeFi Intel knowledge graph. It is connected to 6 other tracked entities, most strongly to Securitize $47M Strategic Round, Wormhole Foundation (2023 spinout), Fireblocks Series E.
What type of entity is ParaFi Capital?
ParaFi Capital is classified as a crypto-investment-firm (company) in the DeFi Intel knowledge graph.
What is ParaFi Capital connected to?
In the DeFi Intel knowledge graph, ParaFi Capital is linked to 6 other tracked entities, most strongly to Securitize $47M Strategic Round, Wormhole Foundation (2023 spinout), Fireblocks Series E.
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