Parafi Capital’s $120M fundraise signals renewed growth for crypto funds

Crypto firms and VCs have been raising capital this year as cryptocurrency prices recover, improving overall market sentiment.

Digital asset management firm Parafi Capital has successfully raised $120 million from investors, including Theta Capital Management and Accolade Partners, signaling strong growth in crypto funding. 

The capital raise follows Lemniscap — a crypto-focused venture capital firm — raising $70 million to invest in startups.

Crypto firms have been raising capital in 2024 as cryptocurrency prices recover, improving overall market sentiment.

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Crypto firms and VCs have been raising capital this year as cryptocurrency prices recover, improving overall market sentiment.
Digital asset management firm Parafi Capital has successfully raised $120 million from investors, including Theta Capital Management and Accolade Partners, signaling strong growth in crypto funding. The capital raise follows Lemniscap — a crypto-focused venture capital firm — raising $70 million to invest in startups.Crypto firms have been raising capital in 2024 as cryptocurrency prices recover, improving overall market sentiment.Read more