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ParaFi Capital to Tokenize Part of Its Capital on the Avalanche Blockchain

Sep 16, 2024
  1. ParaFi Capital's Capital Tokenization
  2. Working with Securitize and Avalanche
  3. Market Context and Future Outlook

ParaFi Capital, a leading digital asset manager, will tokenize part of its portfolio on the Avalanche blockchain. The fund will be available on the Securitize platform.

ParaFi Capital's Capital Tokenization

ParaFi Capital will tokenize a minority portion of its latest venture capital fund, which closed in May, on the Avalanche blockchain. The tokenized Limited Partner (LP) interest will be available on the Securitize platform.

Working with Securitize and Avalanche

Securitize is a leading firm in the tokenization of real-world assets and has established a track record with high-profile partners like BlackRock, Hamilton Lane, and Tradeweb Markets. The platform manages over $950 million in investments.

Market Context and Future Outlook

[Recent data](https://www.ournetwork.xyz/p/on-260-real-world-assets) shows that the market for tokenized real-world assets has surpassed $10.9 billion. The trend is expected to continue, with global bank Citi predicting that the market for tokenized assets could reach $5 trillion by 2030.

Asset tokenization is gaining traction in the financial sector. ParaFi Capital's project using Securitize and Avalanche platforms marks a significant step in this direction.

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