According to ChainCatcher, citing Bloomberg, New York-based digital asset management firm ParaFi raised $125 million for its new fund in March, backed by KKR co-founder Henry Kravis.
ParaFi stated that it has raised $325 million for its existing digital asset-related investment strategy since the beginning of 2025. Currently, the company manages approximately $2 billion in assets. Founder Ben Forman stated that ParaFi is already an investor in projects such as prediction market giant Polymarket, asset management firm Bitwise, and crypto custody provider Anchorage, and is currently focused on companies active in the stablecoin, tokenization, and institutional on-chain finance sectors.
