ParaFi Capital

parafi.com

Overview

On-chain Holdings

𝕏 Statistics

Significant Events

Details

ParaFi Capital is an alternative asset management firm that operates hedge fund and venture capital strategies focused on the digital asset ecosystem. Founded in 2018, ParaFi was among the earliest investors in the blockchain industry. ParaFi’s investment and technology team pursues idiosyncratic opportunities across venture, digital asset, and quantitative strategies.

Category:

Crypto-Native Fund

Founded: 2018

Location: United States

Team

Ben Forman

Founder and Managing Partner

Adrian Uberto

Partner & Chief Operating Officer

Kevin Yedid-Botton

Partner

David Burke

Managing Director

Anjan Vinod

Principal

Investment Map

Investment Size

Investments

Polymarket

An unbiased, real-time prediction market

Aave

Decentralized lending-borrowing protocol

Gemini

Digital asset exchange

Bitwise

Crypto asset manager

Sky

Decentralized lending platform

ConsenSys

Ethereum and decentralized protocols software company

Superstate

Blockchain-based government bond fund

Securitize

Digital asset securities firm

Wormhole

Web3 Universal Messaging Protocol

Fireblocks

Enterprise-grade platform delivering a secure infrastructure

M0

Money middleware for the digital age

Uniswap

Decentralized trading protocol

Lido

Liquid staking solution

Aptos

Scalable layer 1 blockchain

Inversion

The blockchain that drives traditional businesses onchain

Animoca Brands

Web3 game software company and venture capital company

Avalanche

Decentralized blockchain

The Graph

Decentralized protocol for indexing and querying blockchain data

Maple Finance

On-chain institutional capital marketplace

1inch

Decentralized Exchange Aggregator

Figment

Blockchain infrastructure and services provider

SharpLink Gaming

Gaming Affiliate Marketing Platform(NASDAQ:SBET)

Thesis

Cryptocurrency venture studio

The Defiant

The dark web of DeFi journalism

Nexus Mutual

Decentralized Insurance Protocol

Architect

Digital asset trading software

Common

Cross-functional governance and community management platform

Frax

Stablecoin Protocol

Folks Finance

Capital markets protocol for borrowing and lending

Kyber Network

Multi-chain crypto trading and liquidity hub

Huma Finance

PayFi network

DAWN

Decentralized wireless network

Mezo

Bitcoin Economic Layer

Radicle

Decentralized code collaboration network based on open protocol

Ledn

Crypto lending firm

Zapper

Asset management platform for Web3

Centrifuge

The on-chain ecosystem for structured credit

Bluefin

Decentralized perpetual contract protocol

Rayls

UniFi'd Blockchain Ecosystem

Layer3

Omnichain identity and distribution protocol

RabbitHole

Earn tokens by participating in the best cryptonetworks

deBridge

Interoperability layer for Web3

Gelato Network

Web3’s automation and relayer network

Sol Strategies

Crypto investment company (CSE: HODL)

Safe

Multi-signature wallet provider

Courtyard

Collectible tokenization marketplace

Manta Network

Multi-modular ecosystem for ZK applications

Yield Guild Games

Web3 gaming guild

rhino.fi

Layer2 gateway to multi-chain DeFi

Derive

An options automated market maker (AMM)

Immutable

Powering the next generation of web3 games

bloXroute

A weapon for front-running DeFi traders

Acala

Decentralized finance network

GEODNET

Global Earth Observation Decentralized Network

ZenLedger

Crypto tax software

Chainflip

Cross-chain liquidity network

Bancor

Decentralized on-chain AMM network

Moonbeam

Etheruem-compatible smart contract platform

Lemon Argentina

Cryptocurrency exchange

Mellow Protocol

Modular Liquid Restaking Primitive

Jambo

Mobile-first crypto network

BarnBridge

Risk tokenization protocol for DeFi

Spectral

Machine Intelligence Network

Oxio

Telecom-as-a-service (TAAS) platform

Notabene

Crypto Travel Rule compliance solution

Hubble Protocol

Solana borrowing and lending marketplace

Parcl

Real estate derivatives protocol

Notional Finance

Decentralized lending-borrowing protocol

Coin98 Finance

All In One DeFi Platform

Satsuma Technology Plc

Listed companies(SATS.L)

Atlendis

Decentralized credit protocol

Futureswap

Decentralized leverage trading protocol

Charged Particles

NFTs that earn interest through liquidity

Tradable

Asset Tokenization Platform

Rarible

Community-centric NFT marketplace

LeverFi

On-chain leveraged trading protocol

Credix

Decentralized credit platform

Kettle

The marketplace for luxury watch traders

Rebar Labs

Reinforcing Bitcoin

Arbor Finance

Tokenized bond marketplace for on-chain entities

Overlay

The Exotic Perps DEX

Ironblocks

Crypto security provider

Teller

Decentralized liquidity pool

Meridian

The Central Liquidity Hub on Movement

PoolTogether

Crypto-powered savings protocol

Increment

Decentralized, algorithmic perpetual futures protocol

DexGuru

DeFi trading terminal

Aperture Finance

AI-powered Intent Based Infrastructure

Rhea Finance

Decentralized lending-borrowing protocol

Badger DAO

Bringing bitcoin to DeFi

C3

Next-generation self-custodial exchange

Contango

Decentralized Exchange

Elementus

Institutional-grade crypto forensic solution

Fly

Aggregation infra for DEXs, LSTs and chains

Thala

An anti-inflation protocol

Bitfinity Network

Layer2 for Bitcoin and other assets

Solrise Finance

Decentralized fund management and investment protocol

InsurAce

Multichain insurance protocol

Sui Group Holdings

Non-bank lenders (NASDAQ: SUIG)

Push Protocol

Web3 communication platform

Talis Protocol

NFT marketplace that empowers artists

Sharps Technology

Medical Devices Corporation（NASDAQ: STSS）

Internet Game

The Web3 mini-game battle royale

Redefine

End-to-end risk assessment and mitigation solution for DeFi investors

MetaSoccer

Football metaverse

Jet Protocol

Decentralized lending-borrowing protocol

Acquired

Thruster

Blast's native DEX

Kinto

KYC'ed Layer 2

YoloYolo

Web3 fashion and lifestyle platform

Juno

Compliant gateway to crypto and web3

Bastion

The Liquidity Foundation of Aurora

Ntropika Labs

Research and Development team specializing in Web3

BAYZ

YGG’s subDAO for the Brazilian community

Beta Finance

Money market protocol

FIAT protocol

Unlock liquidity for your DeFi fixed income assets

Jambb

Digital comedy collectibles platform

Domination Finance

Decentralized Trading Platform

Vega Protocol

Decentralized derivatives protocol

ClayStack

Liquid staking protocol

Donut

Earn 6% APY with DeFi-powered saving

DefiDollar

Multichain DeFi protocol

Fei Protocol

An anti-inflation protocol

Name	Round	Amount	Valuation	Date
Lemon Argentina *	Series B	$ 20 M	--	Oct 09, 2025
Inversion	Seed	$ 26.5 M	--	Sep 08, 2025
Sharps Technology	Private	--	--	Aug 25, 2025

Investment Overview

Rounds in the past year

11

Total rounds

134

Portfolio Numbers

122

Lead Investment

31

Cooperations

Coinbase Ventures

19 Rounds

The Spartan Group

17 Rounds

Dragonfly

17 Rounds

DeFiance Capital

15 Rounds

CMS Holdings

15 Rounds

Arrington Capital

14 Rounds

Market Data

Insights

Featured

ParaFi Capital

Overview

On-chain Holdings

𝕏 Statistics

Significant Events

Details

Team

Ben Forman

Adrian Uberto

Kevin Yedid-Botton

David Burke

Anjan Vinod

Investment Map

Investment Size

Investments

Polymarket

Aave

Gemini

Bitwise

Sky

ConsenSys

Superstate

Securitize

Wormhole

Fireblocks

M0

Uniswap

Lido

Aptos

Inversion

Animoca Brands

Avalanche

The Graph

Maple Finance

1inch

Figment

SharpLink Gaming

Thesis

The Defiant

Nexus Mutual

Architect

Common

Frax

Folks Finance

Kyber Network

Huma Finance

DAWN

Mezo

Radicle

Ledn

Zapper

Centrifuge

Bluefin

Rayls

Layer3

RabbitHole

deBridge

Gelato Network

Sol Strategies

Safe

Courtyard

Manta Network

Yield Guild Games

rhino.fi

Derive

Immutable

bloXroute

Acala

GEODNET

ZenLedger

Chainflip

Bancor

Moonbeam

Lemon Argentina

Mellow Protocol

Jambo

BarnBridge