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ParaFi Raises $125M for Blockchain Investments

Published 1 week, 3 days ago
Description

ParaFi, a digital asset firm backed by KKR co-founder Henry Kravis, has raised $125M for a new venture fund. Founder Ben Forman plans to invest in startups developing stablecoins, tokenization tools, and onchain finance products for institutions. Despite a rough patch for crypto, Forman sees long-term potential in blockchains role in future financial systems.

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