ParaFi Raises $125 Million Venture Fund

ParaFi Capital raised $125 million in March for a new venture fund, adding to $325 million raised for its digital asset strategies since early 2025, Bloomberg reports. The firm now manages about $2 billion and is targeting stablecoins, tokenization, and institutional onchain finance, signaling continued institutional appetite for blockchain infrastructure despite bitcoin trading over 40% below its October peak. This underscores a shift toward infrastructure-focused allocations rather than speculative trading.