ParaFi Capital Tokenizes Venture Funding with Securitize on Avalanche Blockchain
ParaFi Capital Takes a Bold Step in Tokenization
ParaFi Capital has announced the tokenization of a portion of its extensive $1 billion assets through a partnership with Securitize on the Avalanche blockchain. This innovative move signals a shift from being a passive investor to actively engaging with tokenization technology to improve overall fund strategies.
Enhancing Investment Accessibility
The tokenized fund is designed to expand access to ParaFi’s venture strategies for a diverse range of investors, including endowments and family offices. Ben Forman, ParaFi’s founder, emphasized the benefits of tokenization, including reduced administrative costs and increased liquidity.
- Potential for innovative financial products
- Leveraging blockchain for investment strategies
- Support from the growing Avalanche ecosystem
Why Choose Avalanche?
Avalanche was selected for its Ethereum Virtual Machine compatibility, low fees, and swift transaction finality, making it ideal for the tokenization process. The collaboration with Securitize is poised to evolve the Avalanche ecosystem further.
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