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

On September 13th, digital asset management company ParaFi Capital announced that it will tokenize a portion 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 part of equity in its latest venture capital fund. Through tokenization, investors can buy and sell these tokenized shares on digital platforms.