September 30, 2020 Galaxy Digital becomes shareholder in ParaFi Capital.

Cryptoasset management firm Galaxy Digital has become a minority shareholder in fellow blockchain-focused fund ParaFi Capital. The move is intended to facilitate joint investment in the emerging decentralized financial sector. ParaFi’s current DeFi investments include Uniswap, Compound, Aave, and Synthetix. Other investors in ParaFi include Bain Capital and KKR & Co.