Key Takeaways
- • ParaFi raised $125 million in March 2026 for a new venture fund, according to the company's statement to Bloomberg.
- • KKR & Co. co-founder Henry Kravis is among the backers of the New York-based digital asset manager.
- • Since the beginning of 2025, ParaFi has raised an additional $325 million for its existing digital-asset investment strategies.
- • The firm now manages about $2 billion in assets under management.
Summary
ParaFi, a New York-based digital asset manager, raised $125 million in March for a new venture fund, the company told Bloomberg. The firm counts KKR & Co. co-founder Henry Kravis among its backers, a notable endorsement from a veteran private equity figure as institutional interest in digital assets continues to develop.
Beyond the new vehicle, ParaFi has raised another $325 million since the beginning of 2025 for its existing digital-asset related investment strategies, the company said. Those combined capital raises have brought the firm to approximately $2 billion in assets under management.
The Bloomberg report is based on information provided by the company. Additional details on the new venture fund's strategy, target size, or investor composition were not disclosed in the available source material.
Beyond the new vehicle, ParaFi has raised another $325 million since the beginning of 2025 for its existing digital-asset related investment strategies, the company said. Those combined capital raises have brought the firm to approximately $2 billion in assets under management.
The Bloomberg report is based on information provided by the company. Additional details on the new venture fund's strategy, target size, or investor composition were not disclosed in the available source material.
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