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ParaFi Tokenizes Fund on Securitize Platform with Avalanche

Twitter icon  •  Published 2 месяца назад  •  Hassan Maishera

ParaFi Capital has partnered with Securitize, a leader in tokenizing real-world assets, to tokenize an interest in one of its venture funds on the Avalanche blockchain.

On Thursday, the Avalanche Foundation announced via a blog post that ParaFi Capital has partnered with Securitize, a leader in tokenizing real-world assets, to tokenize an interest in one of its venture funds on the Avalanche blockchain.

ParaFi Capital is a leading alternative asset management and technology firm with over $1 billion in assets under management. With this tokenized fund, a new group of investors can access ParaFi’s venture strategy and join the firm’s existing institutional investor base. Some of its investor base includes leading endowments and foundations, fund of funds, family offices, and blockchain founders.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up 1.5% today and currently trades at $23.90 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.