ParaFi Capital

parafi.com

Overview

Details

ParaFi Capital is an alternative asset management firm that operates hedge fund and venture capital strategies focused on the digital asset ecosystem. Founded in 2018, ParaFi was among the earliest investors in the blockchain industry. ParaFi’s investment and technology team pursues idiosyncratic opportunities across venture, digital asset, and quantitative strategies.

Category:

Crypto-Native Fund

Founded: 2018

Location: United States

Team

Ben Forman

Founder and Managing Partner

Adrian Uberto

Partner & Chief Operating Officer

Kevin Yedid-Botton

Partner

Ryan Navi

Principal

Anjan Vinod

Principal

Investment Map

Investment Size

Investments

Yield Guild Games

Web3 gaming guild

Avalanche

Decentralized blockchain

Aptos

Scalable layer 1 blockchain

Polymarket

An unbiased, real-time prediction market

Securitize

Digital asset securities firm

Centrifuge

The on-chain ecosystem for structured credit

Animoca Brands

Web3 game software company and venture capital company

Maple Finance

On-chain institutional capital marketplace

Manta Network

Multi-modular ecosystem for ZK applications

Uniswap

Decentralized trading protocol

Lido

Liquid staking solution

Safe

Multi-signature wallet provider

Gemini

Digital asset exchange

Fireblocks

Enterprise-grade platform delivering a secure infrastructure

The Graph

Decentralized protocol for indexing and querying blockchain data

Frax

Stablecoin Protocol

Aave

Decentralized lending-borrowing protocol

Kyber Network

Multi-chain crypto trading and liquidity hub

Sky

Decentralized lending platform

GEODNET

Global Earth Observation Decentralized Network

Layer3

Omnichain identity and distribution protocol

Sol Strategies

Crypto investment company

Derive

An options automated market maker (AMM)

Gelato Network

Web3’s automation and relayer network

Bluefin

Decentralized perpetual contract protocol

Jambo

Mobile-first crypto network

Superstate

Blockchain-based government bond fund

Kinto

KYC'ed Layer 2

Spectral

Machine Intelligence Network

Push Protocol

Web3 communication platform

ConsenSys

Ethereum and decentralized protocols software company

Immutable

Powering the next generation of web3 games

Figment

Blockchain infrastructure and services provider

1inch

Decentralized Exchange Aggregator

deBridge

Interoperability layer for Web3

Vega Protocol

Decentralized derivatives protocol

Rarible

Community-centric NFT marketplace

PoolTogether

Crypto-powered savings protocol

Acala

Decentralized finance network

Bancor

Decentralized on-chain AMM network

Nexus Mutual

Decentralized Insurance Protocol

BarnBridge

Risk tokenization protocol for DeFi

Bitwise

Crypto asset manager

Overlay

The Exotic Perps DEX

Bitfinity Network

Layer2 for Bitcoin and other assets

Folks Finance

Capital markets protocol for borrowing and lending

Contango

Decentralized Exchange

Huma Finance

PayFi network

Parfin

Web3 infrastructure provider in Latam

Mezo

Bitcoin Economic Layer

M^0

Money middleware for the digital age

DexGuru

DeFi trading terminal

Aperture Finance

AI-powered Intent Based Infrastructure

LeverFi

On-chain leveraged trading protocol

Coin98 Finance

All In One DeFi Platform

Thala

An anti-inflation protocol

Ironblocks

Crypto security provider

C3

Next-generation self-custodial exchange

Elementus

Institutional-grade crypto forensic solution

Hubble Protocol

Solana borrowing and lending marketplace

Credix

Decentralized credit platform

Mellow Protocol

Modular Liquid Restaking Primitive

Common

Cross-functional governance and community management platform

Parcl

Real estate derivatives protocol

Chainflip

Cross-chain liquidity network

bloXroute

A weapon for front-running DeFi traders

Arbor Finance

Tokenized bond marketplace for on-chain entities

Teller

Decentralized liquidity pool

RabbitHole

Earn tokens by participating in the best cryptonetworks

Ledn

Crypto lending firm

Atlendis

Decentralized credit protocol

Beta Finance

Money market protocol

Futureswap

Decentralized leverage trading protocol

rhino.fi

Layer2 gateway to multi-chain DeFi

Zapper

Asset management platform for Web3

Notional Finance

Decentralized lending-borrowing protocol

The Defiant

The dark web of DeFi journalism

Moonbeam

Etheruem-compatible smart contract platform

Badger DAO

Bringing bitcoin to DeFi

Radicle

Decentralized code collaboration network based on open protocol

Magpie Protocol

Aggregation infra for DEXs, LSTs and chains

Tradable

Asset Tokenization Platform

Kettle

The marketplace for luxury watch traders

DAWN / Andrena

Decentralized wireless network

Notabene

Crypto Travel Rule compliance solution

Meridian

The Central Liquidity Hub on Movement

Rebar Labs

Reinforcing Bitcoin

Thruster

Blast's native DEX

Architect

Digital asset trading software

YoloYolo

Web3 fashion and lifestyle platform

Juno

Compliant gateway to crypto and web3

Internet Game

The Web3 mini-game battle royale

Increment

Decentralized, algorithmic perpetual futures protocol

ZenLedger

Crypto tax software

Rhea Finance

Decentralized lending-borrowing protocol

Oxio

Telecom-as-a-service (TAAS) platform

Ntropika Labs

Research and Development team specializing in Web3

BAYZ

YGG’s subDAO for the Brazilian community

MetaSoccer

Football metaverse

Talis Protocol

NFT marketplace that empowers artists

FIAT protocol

Unlock liquidity for your DeFi fixed income assets

Jambb

Digital comedy collectibles platform

Domination Finance

Decentralized Trading Platform

Solrise Finance

Decentralized fund management and investment protocol

Donut

Earn 6% APY with DeFi-powered saving

Charged Particles

NFTs that earn interest through liquidity

InsurAce

Multichain insurance protocol

Wormhole

Web3 Universal Messaging Protocol

Redefine

End-to-end risk assessment and mitigation solution for DeFi investors

Thesis

Cryptocurrency venture studio

Fei Protocol

An anti-inflation protocol

Jet Protocol

Decentralized lending-borrowing protocol

Acquired

Bastion

The Liquidity Foundation of Aurora

ClayStack

Liquid staking protocol

DefiDollar

Multichain DeFi protocol

Name	Round	Amount	Valuation	Date
Bitwise	--	$ 70 M	--	Feb 25
GEODNETGEOD	OTC	$ 8 M	--	Feb 25
Tradable	Strategic	--	--	Jan 16

Investment Overview

Rounds in the past year

16

Total rounds

126

Portfolio Numbers

115

Lead Investment

30

Significant Events

Dec 03, 2021

ParaFi Raises $30M for New Fund

Cooperations

Coinbase Ventures

18 Rounds

The Spartan Group

17 Rounds

Dragonfly

15 Rounds

DeFiance Capital

15 Rounds

CMS Holdings

15 Rounds

Arrington Capital

12 Rounds