Investor profile
ParaFi Capital
VC
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ParaFi Capital is a leading multi-strategy investment firm focused on the digital asset and blockchain ecosystem across public and private markets. Founded in 2018, ParaFi was among the earliest dedicated blockchain investors and has evolved into a trusted partner to leading global institutions, managing approximately $1.9B in AUM. The firm invests across the full stack of crypto capital markets — spanning liquid token strategies, venture/private markets, and quantitative approaches — with investment and technology teams pursuing idiosyncratic opportunities and partnering with protocols and companies building real-world blockchain applications. ParaFi's investment philosophy centers on rigorous research, technical development, and institutional underwriting, targeting opportunities with strong product-market fit, durable competitive advantages, and meaningful long-term upside — particularly at the intersection of traditional capital markets and digital assets (DeFi, RWAs, stablecoins, tokenization, and onchain finance).
Notable quotes
“Outside of Bitcoin as a non-sovereign store of value, DeFi is the main area of the blockchain space that has real product-market fit, real users, and real traction. Non-sovereign, uncensorable financial services is where we're focused.”
“DeFi represents the nascent architecture for a new, open financial network... As DeFi approaches an inflection point, we look forward to partnering closely with the Galaxy team.”
“From the beginning, we've been very focused on where we think there'll be the most disruption from this technology, which is finance. That's why the firm's called ParaFi — it's short for paradigm shift in finance. By staying really focused around our thesis, that's led us to invest in Polymarket in 2020, and to investing in stablecoins long before they were a buzzword, or tokenization or DeFi.”
Team
Ben Forman
Founder, Managing Partner, and CIO
Adrian Uberto
Partner, President and COO
Anjan Vinod
Partner
Kevin Yedid-Botton
Partner / Portfolio Manager
David Burke
Partner
Jeff Park
Partner and Portfolio Manager
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Birch Hill | Pre-seed | $3m | 2026-02-11 |
| Blockworks | Series A | — | 2026-04-29 |
| Anchorage Digital | Series B+ | — | — |
| Fireblocks | Series B+ | — | — |
| Aptos | Series A | — | — |
| Arbitrum (Offchain Labs) | Series B+ | — | — |
| Figment | Series B+ | — | — |
| Centrifuge | Seed | — | — |
| Flashbots | Seed | — | — |
| ConsenSys | Series B+ | — | — |
Frequent co-investors
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