đ Crypto Fundraising Frenzy! đ
Parafi Capital just bagged a cool $120 million from investors like Theta Capital Management and Accolade Partners. đ° This follows Lemniscapâs $70 million raise to fuel blockchain startups.
Why the cash splash? As crypto prices bounce back, market sentiment is on the up! Parafi plans to snag stakes in up to 50 crypto funds over the next 3-5 years.
Ben Forman, Parafiâs founder, says specialization is key as more institutional capital flows in.
What do you think? Drop your thoughts in the comments! âŹïž
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