Digital asset management firm ParaFi has raised $125 million for its new fund.

2026-03-24 by admin

PANews reported on March 24th, citing Bloomberg, that New York-based digital asset management firm ParaFi raised $125 million for its new fund in March, backed by KKR co-founder Henry Kravis. ParaFi stated that since the beginning of 2025, it has raised $325 million for its existing digital asset-related investment strategies. Currently, the company manages approximately $2 billion in assets. Founder Ben Forman stated that ParaFi is already an investor in projects such as prediction market giant Polymarket, asset management firm Bitwise, and crypto custody provider Anchorage, and is currently focusing on companies active in the stablecoin, tokenization, and institutional on-chain finance sectors.

PANews reported on March 30th, citing CCTV, that on March 29th local time, Iranian Foreign Ministry spokesman Baghae stated that the suggestions submitted to Iran by the United States through mediators were extremely extreme and unreasonable. In an interview with the media that day, Baghae stated that these suggestions involved Iran's fundamental rights and did not reflect goodwill or a serious diplomatic attitude. He also stated that Iran must rely on its own capabilities to ensure its security and will use all means to prevent further attacks. Baghae stated that Iran's military actions will not target Arab countries, but only US military bases and assets used in the operation against Iran, and that the current conflict is not a war between the American people and Iran, but a conflict imposed on the region. In addition, anonymous security sources reported that Israel plans to "invite the United States to relocate some of its military bases in the Middle East to Israel and build new bases in Israel" after the current war ends.