Digital Asset Management Firm ParaFi Capital to Tokenize $1.2 Billion Fund

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On September 13, digital asset management company ParaFi Capital announced that it would tokenize part of its $1.2 billion portfolio on the Avalanche blockchain through the Securitize platform.

This is the company’s first attempt at tokenizing a fund, offering a portion of its latest venture capital fund’s equity. Through tokenization, investors can buy and sell these tokenized shares on a digital platform.

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