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

According to Bloomberg, New York digital asset management company ParaFi raised $125 million in March for its new fund, which is backed by KKR co-founder Henry Kravis. ParaFi said it has raised $325 million for its existing digital asset-related investment strategy since early 2025. Currently, the company manages approximately $2 billion in assets. Founder BenForman said that ParaFi is already an investor in projects such as prediction market giant Polymarket, asset management company Bitwise and crypto custodian Anchorage, and currently focuses on companies active in stablecoins, tokenization and institutional chain finance.