Digital asset management firm ParaFi Capital will tokenize a $1.2 billion fund

ChainCatcher news, digital asset management company ParaFi Capital announced that it will tokenize part of its $1.2 billion portfolio on the Avalanche blockchain through the Securitize platform. This marks the company's first attempt at fund tokenization, offering a portion of equity in its latest venture capital fund. Through tokenization, investors can buy and sell these tokenized shares on a digital platform.

ParaFi Capital founder Ben Forman stated that this move is not only an investment in technology but also a practical application. Tokenization helps lower the investment threshold, allowing more people to participate in opportunities that were previously limited to large institutions or wealthy investors.