Digital asset management firm ParaFi Capital announced it will tokenize a portion of its $1.2 billion investment portfolio on the Avalanche blockchain using the Securitize platform. These tokenized assets will be tradable through the Securitize platform. This marks the company's first foray into fund tokenization, offering a portion of its latest venture capital fund as equity. It is known that ParaFi has invested in both Securitize and Avalanche. In August of this year, the company completed a $120 million funding round with investors including Theta Capital Management and Accolade Partners. (Cointelegraph)