Digital Asset Management Firm ParaFi Capital to Tokenize $1.2 Billion Fund

BlockBeats reported that on September 13, digital asset management company ParaFi Capital announced that it would tokenize part of its $1.2 billion investment portfolio on the Avalanche blockchain through the Securitize platform.

This is the company's first attempt at fund tokenization, offering a portion of the equity of its latest venture capital fund. Through tokenization, investors can buy and sell these tokenized shares on a digital platform.