ParaFi Raises Additional $200M for Its Flagship Digital Opportunities Fund

Posted on by American Coins & Gold

ParaFi Raises Additional 0M for Its Flagship Digital Opportunities Fund
The flagship hedge fund of ParaFi Capital, a firm focusing on blockchain and decentralized finance (DeFi), has added more than $200 million in investments since April 2020, the Greenwich, Connecticut-based company said in a regulatory filing. The update comes two months after private equity giant KKR & Co. made its first blockchain investment with an unspecified stake into the fund.The ParaFi Digital Opportunities Fund has raised over $216 million from 226 investors since opening for investments in 2018. That’s up from the more than $11 million and 62 investors it reported last year.ParaFi also filed a new notice for the…