The digital asset management company ParaFi has raised $125 million for its new fund

According to Bloomberg, New York-based digital asset management firm ParaFi raised $125 million for its new fund in March, which is supported by KKR co-founder Henry Kravis.

ParaFi stated that since the beginning of 2025, the company has raised $325 million for its existing digital asset-related investment strategies. Currently, the company manages approximately $2 billion in assets. Founder Ben Forman mentioned that ParaFi is already an investor in projects such as the prediction market giant Polymarket, asset management firm Bitwise, and crypto custodian Anchorage, and is currently focused on companies active in the fields of stablecoins, tokenization, and institutional on-chain finance.