ParaFiCapital, backed by Henry Kravis, raises $125 million in new fund

On March 24, New York-based digital asset management company ParaFiCapital said it had raised $125 million for a new venture capital fund in March this year. Investors behind the company include Henry Kravis, co-founder of KKR Co.& The company also said that since the beginning of 2025, ParaFi has raised an additional $325 million for its existing digital asset-related investment strategy. Currently, the company manages approximately US$2 billion in assets.