ParaFi Capital

Profile

ParaFi Capital is a digital asset manager based in New York, founded in 2018 by Benjamin Forman, an experienced investor from KKR and TPG. The firm employs over 20 team members who specialize in financial technology and capital markets innovation. ParaFi is distinct for its focus on both public and private digital markets that are redefining modern capital markets with rigorous research and technical development underpinning their operations.

ParaFi invests across stablecoins, tokenization, prediction markets, blockchain finance, and frontier market infrastructure. Their typical investment size ranges from $10-50 million, targeting early and growth stages primarily in North America. They manage approximately $2 billion in assets. The firm's strategy includes funds like their new Crypto Infrastructure Fund ($125M). Strategic partnerships and a solid LP base anchored by prominent figures like Henry Kravis underscore their positioning for long-term growth.

Notable investments within their portfolio include Polymarket for prediction markets, Bitwise for institutional crypto asset management, and Anchorage Digital for regulated digital asset custody. These investments highlight ParaFi's focus on the infrastructure layer essential for significant institutional adoption of blockchain finance.