ParaFi Capital is an alternative asset management firm that employs both hedge fund and venture capital strategies, primarily focusing on the digital asset ecosystem, including decentralized finance (DeFi) and Web3 technologies. The firm's investment strategy involves early-stage investments in promising blockchain projects, strategic holdings in established cryptocurrencies like Bitcoin and Ethereum, and digital assets that demonstrate tangible use cases and compelling cryptoeconomic models.
64% of their portfolio is in Crypto & Web3. Deal activity decreased year-over-year (2 deals in the last 12 months vs 7 prior). Average disclosed round size is $90.3M (across 25 rounds with reported amounts).
Portfolio
25
Fund Size
$1.4B
Top Stage
Seed
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| TTBD | Seed | $3M | Feb 2026 |
| SSuperstate | Series B | $82.5M | Jan 2026 |
| AAvalanche Foundation | Growth | $250M | Dec 2024 |
 Notabene | Series B | $14.5M | Nov 2024 |
 Meridian | Seed | $4M | Sep 2024 |
 Circuit & Chisel | Seed | $19.2M | Sep 2024 |
| LLayer3 | Series A | $15M | Jun 2024 |
 Securitize | Unknown | $47M | May 2024 |
 Centrifuge | Series A | $15M | Apr 2024 |
 Architect Financial Technologies | Series A | $12M | Feb 2024 |
 Kinto | Pre-Seed | $5M | Nov 2023 |
 Elementus | Series A | $10M | Feb 2023 |
 ZenLedger | Series B | $15M | May 2022 |
 ConsenSys | Series D | $450M | Mar 2022 |
 Fireblocks | Series E | $550M | Jan 2022 |
 Figment | Series C | $110M | Dec 2021 |
 Ledn Inc. | Series B | $70M | Dec 2021 |
 Gemini | Growth | $400M | Nov 2021 |
| BBeta Finance | Seed | $5.8M | Oct 2021 |
| GGelato Network | Series A | $11M | Oct 2021 |
 Vega | Seed | $5M | Mar 2021 |
 RAMP DEFI | Seed | $1M | Aug 2020 |
| IInternet Game | Unknown | $7M | — |
| VVega Protocol | Seed | $5M | — |
 Aptos Labs | Series A | $150M | — |
Top Co-Investors
Last updated: 12 April 2026