ParaFi Capital, a Digital Asset Management Firm, Will Tokenize a $1.2 Billion Fund
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September 13, 2024
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On September 13th, digital asset management firm ParaFi Capital announced they would be tokenizing a portion of their $1.2 billion portfolio on the Avalanche blockchain through the Securitize platform.
This marks the company's first attempt at fund tokenization, offering a portion of equity in their latest venture capital fund. Through tokenization, investors can buy and sell these tokenized shares on a digital platform.
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