ParaFi Capital

Bitwise is a specialized asset manager focused on cryptocurrency investments for individuals, investment managers, and institutions. The company provides a diverse range of investment solutions, including index funds, yield and alpha strategies, multi-strategy offerings, and separately managed accounts. Bitwise emphasizes the importance of security and liquidity, implementing modern protective measures for assets. Its platform is designed to facilitate rules-based exposure to the cryptocurrency market, helping clients navigate the complexities of digital assets while aligning with their investment objectives.

Cypherpunk Holdings Inc. is a Toronto-based company that specializes in investing in cryptocurrencies and privacy technologies. Founded in 1995, the company was originally known as Khan Resources Inc. before rebranding in November 2018. Cypherpunk Holdings focuses on a range of cryptocurrencies, including Bitcoin, Ethereum, and Monero, while also developing the Cypherpunk Index, which tracks privacy-focused coins based on their market capitalization. The company aims to provide its shareholders with exposure to emerging blockchain technologies and decentralized finance initiatives.

Huma is a decentralized finance platform that facilitates lending for businesses and individuals by connecting high-performing receivables with global financing. The company provides a transparent and accessible financial infrastructure, allowing clients to tokenize and trade cash flow using credit on the blockchain. Huma's innovative approach enables users to secure loans against tokens as collateral, fostering a thriving ecosystem for managing and leveraging assets in a digital format.

Polymarket is a prediction market platform that allows users to bet on the outcomes of various global events using cryptocurrency. Polymarket operates on the Ethereum blockchain, utilizing the Polygon network to enhance scalability and reduce transaction costs. Users connect to the platform through an Ethereum-compatible wallet and use the USDC stablecoin to place bets on events, ranging from political outcomes to entertainment predictions​.

Kinto is the KYC'ed Layer 2 capable of supporting both modern financial institutions and decentralized protocols.

Huma is a decentralized finance platform that facilitates lending for businesses and individuals by connecting high-performing receivables with global financing. The company provides a transparent and accessible financial infrastructure, allowing clients to tokenize and trade cash flow using credit on the blockchain. Huma's innovative approach enables users to secure loans against tokens as collateral, fostering a thriving ecosystem for managing and leveraging assets in a digital format.

Safe is a leading provider of digital asset storage solutions, specializing in Ethereum-based multi-signature smart contract wallets. As a spin-out from Gnosis, a decentralized infrastructure provider, Safe offers a secure and programmable account abstraction platform, serving as the account abstraction leader on Ethereum and the EVM. Its flagship product, Gnosis Safe, enables secure and transparent management of digital assets, fostering collaboration and tracking within the decentralized ecosystem.

Safe is a leading provider of digital asset storage solutions, specializing in Ethereum-based multi-signature smart contract wallets. As a spin-out from Gnosis, a decentralized infrastructure provider, Safe offers a secure and programmable account abstraction platform, serving as the account abstraction leader on Ethereum and the EVM. Its flagship product, Gnosis Safe, enables secure and transparent management of digital assets, fostering collaboration and tracking within the decentralized ecosystem.

Immutable develops blockchain-based eSport games designed to familiarize users with blockchain technology in a fun and user-friendly environment. Its eSports games use ethereum blockchain to transform digital asset ownership in the video-gaming industry. Immutable provides scalable blockchain infrastructure for video games, enabling organizations to bring transparency in the opaque world of in-game economies.

ConsenSys, established in 2015 by Ethereum co-founder Joseph Lubin, is a leading Ethereum software company focused on Web3. It offers a suite of products, including Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, which serve millions of users and support billions of blockchain-based queries. ConsenSys enables developers and enterprises worldwide to build next-generation applications and access the decentralized web, fostering business adoption and growth of the Ethereum ecosystem. Additionally, ConsenSys Academy, its educational arm, bridges the Ethereum knowledge gap globally for ecosystem development.

Hubble Protocol is a decentralized financial platform that facilitates long-term borrowing, lending, and the creation of structured financial products. It aims to democratize access to decentralized finance by offering a range of sustainable financial services. The protocol's software supports multi-asset collateral and enables zero-interest borrowing, allowing users to leverage yield-bearing assets for loans. Additionally, Hubble enhances yield generation on deposits of various tokens, providing clients with optimized financial opportunities while minimizing costs associated with loans.

Gemini is a cryptocurrency exchange and custodian founded in 2014 by brothers Cameron and Tyler Winklevoss. Headquartered in New York, the company provides a platform for customers to buy, sell, and store digital assets such as bitcoin and ether. Gemini operates under stringent fiduciary obligations and complies with high capital reserve requirements and banking standards. The platform is designed to simplify the digital asset market, offering tools for both individuals and institutional investors to research, purchase, and manage their cryptocurrency portfolios securely. Gemini aims to establish itself as a trusted bridge to the future of money.

ConsenSys, established in 2015 by Ethereum co-founder Joseph Lubin, is a leading Ethereum software company focused on Web3. It offers a suite of products, including Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, which serve millions of users and support billions of blockchain-based queries. ConsenSys enables developers and enterprises worldwide to build next-generation applications and access the decentralized web, fostering business adoption and growth of the Ethereum ecosystem. Additionally, ConsenSys Academy, its educational arm, bridges the Ethereum knowledge gap globally for ecosystem development.

Gelato is web3’s cloud platform empowering builders to deploy their own Ethereum Rollups with a single-click. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato rollups allow anyone to build and deploy their fully serviced Layer 2 chains on Arbitrum, Optimism, Polygon, Celestia and Eigenlayer at a pace natively integrated with Web3's favorite tools and services like Gelato's industry leading smart contract automation & relaying services, Etherscan, The Graph, Pyth, Layer Zero and many more launching a production-ready web3 development environment.

Domination Finance is a developer of a non-custodial financial instrument that allows traders to speculate on market dominance metrics within the cryptocurrency sector. Its platform operates as an Ethereum application and is built on the UMA protocol, enabling users to take long or short positions on Bitcoin Dominance. Additionally, the platform is accessible on Polygon and Boba networks, providing a versatile trading environment. By offering synthetic tokens tied to market dominance, Domination Finance facilitates innovative trading strategies for participants in the cryptocurrency market.

deBridge Finance is a cross-chain interoperability and liquidity transfer protocol designed to facilitate the decentralized transfer of assets across multiple blockchains. The protocol operates through a network of independent oracles and validators, which are elected by deBridge governance, ensuring a secure and efficient transfer process. It supports interoperability between major blockchain networks, including Ethereum, Polygon, Binance Smart Chain, Huobi Ecological Chain, and Arbitrum. This infrastructure enables users to seamlessly access and transfer various digital assets, including NFTs, across different platforms, enhancing the overall flexibility and utility of blockchain technology.

Lyra Finance operates a decentralized platform focused on trading cryptocurrency options and perpetual contracts. Built on Ethereum, Lyra Finance combines traditional options market-making principles with the advantages of the crypto space, such as scalability and composability. The protocol offers unique and programmable on-chain options and structured products, allowing users to buy and sell options that are priced using an innovative market-based, skew-adjusted pricing model. This approach enhances the accuracy of pricing in the options market, catering to the needs of traders in the evolving cryptocurrency landscape.

PoolTogether Inc. operates an Ethereum-based application that combines saving money with a gamified experience. Founded in 2019 and based in Grand Rapids, Michigan, PoolTogether features a no-loss savings game where users deposit funds that earn interest through a compound protocol. At the end of each week, participants have the chance to win the collective interest accrued, while all users can withdraw their initial deposits without any loss. This innovative platform leverages smart contracts to ensure transparency and fairness, allowing users to save money without the risks associated with traditional lotteries. By utilizing blockchain technology, PoolTogether aims to make saving accessible and engaging for its users.

Notional is a decentralized protocol for fixed rate, fixed term lending and borrowing of crypto assets on Ethereum. Users can lend or borrow stablecoins at fixed rates of interest for terms of up to six months using a variety of assets as collateral. Notional achieves fixed rate lending via a primitive called fCash, which is redeemable for an underlying currency like DAI upon the fCash token’s maturity date. Notional operates specialized liquidity pools that allow users to efficiently trade cash for fCash and vice versa. The exchange rate that a user receives on their trade implies a fixed rate of interest from the time of trade until the fCash token’s maturity. Notional is flexible and configurable. The protocol can add additional assets for lending and borrowing, additional collateral types, and additional maturities beyond six months. The community intends to broaden Notional’s scope over time to include a wider array of supported assets and extended available maturities. Notional prioritizes security. The protocol team works with industry leaders to ensure that the smart contracts are technically secure and that the economic assumptions applied in the protocol’s design are sound.

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications.

BlockFi, Inc. is a financial services firm that specializes in providing wealth management products for cryptocurrency investors. Founded in 2017 and headquartered in New York, BlockFi offers various services, including interest-bearing accounts for Bitcoin, Ether, and Gemini Dollar, as well as USD loans secured by clients' crypto assets. The company allows clients to trade cryptocurrency pairs and provides tailored lending solutions for both individual and institutional clients. By facilitating liquidity for blockchain asset holders, BlockFi aims to enhance transparency and efficiency in digital financial markets. The organization employs a robust infrastructure that integrates with multiple blockchains, positioning itself to adapt and expand its product offerings in response to the evolving needs of its users.

PoolTogether Inc. operates an Ethereum-based application that combines saving money with a gamified experience. Founded in 2019 and based in Grand Rapids, Michigan, PoolTogether features a no-loss savings game where users deposit funds that earn interest through a compound protocol. At the end of each week, participants have the chance to win the collective interest accrued, while all users can withdraw their initial deposits without any loss. This innovative platform leverages smart contracts to ensure transparency and fairness, allowing users to save money without the risks associated with traditional lotteries. By utilizing blockchain technology, PoolTogether aims to make saving accessible and engaging for its users.

Polymarket is a prediction market platform that allows users to bet on the outcomes of various global events using cryptocurrency. Polymarket operates on the Ethereum blockchain, utilizing the Polygon network to enhance scalability and reduce transaction costs. Users connect to the platform through an Ethereum-compatible wallet and use the USDC stablecoin to place bets on events, ranging from political outcomes to entertainment predictions​.

DeversiFi gives traders the edge in fast-moving decentralized finance (Defi) markets by allowing them to trade at lightning speed and with deep aggregated liquidity, directly from their privately owned cryptocurrency wallet. Traders can take advantage of more trading opportunities while always preserving control of their assets when they need to move fast. DeversiFi’s order-books are off-chain, but settlement occurs on the Ethereum blockchain. This means that traders benefit from fast-moving order books and instant execution, without having to trust the exchange and whilst always maintaining control of their assets at all times.

Aave (from the Finnish word for "ghost") is an open source non-custodial protocol on Ethereum for decentralized lending and borrowing. For lenders, the protocol mints ERC20-compliant aTokens at a 1:1 ratio to supplied assets. Interest immediately starts compounding continuously, represented by a steady increase in the amount of aTokens held by the lender. This interest stream may be redirected to any address, separate from the aTokens that represent the underlying principal. Aave offers flash loans: trustless, uncollateralized loans where borrowing and repayment must occur in the same transaction. Aimed at developers, this feature could lead to innovative uses of DeFi.

Keep Network, established in 2017 and based in George Town, Cayman Islands, specializes in creating interactive links between public blockchains and private data. The company's core product, tBTC, is a decentralized bridge enabling users to securely and anonymously transfer their Bitcoin to the Ethereum network, facilitating participation in decentralized finance (DeFi) platforms. Keep Network's technology, an off-chain container for private data, allows smart contracts to leverage the full power of public blockchains while maintaining data privacy.

DeSo is a layer-1 blockchain, like Bitcoin or Ethereum, that recently listed on Coinbase, has accumulated over 1.5 million accounts, and just crossed over $1B in volume transacted on-chain. DeSo is backed by Sequoia, Andreessen Horowitz, Social Capital, Coinbase Ventures, and many others. Our mission is to decentralize social media the same way Bitcoin and Ethereum are decentralizing the financial system. As a layer-1 blockchain, DeSo can be compared to other blockchains like Bitcoin, Ethereum, Solana, Avalanche, etc... However, DeSo has several major advantages over these platforms, the largest being that it is designed to power storage-heavy applications (like social applications and marketplaces). To put it in perspective, storing just a 200-character "Tweet" on Ethereum costs ~$80, and costs ~$0.25-$1.00+ on Solana, Avalanche, Polygon, and virtually all other smart contract chains. In contrast, it costs 1/1,000th of a penny on DeSo, which is why breakthrough apps like Diamond, DAODAO, Pearl, OpenProsper, NFTz, and Entre, now possible exclusively on DeSo. Today, social media is even more centralized than the financial industry was prior to the creation of Bitcoin. A handful of private entities effectively control public discourse, and earn monopoly profits off of content that they don't even create. Society’s answer to financial centralization was not to put Warren Buffett in charge of money, it was to use technology, namely Bitcoin, so we could have nobody in charge. We believe the same type of technology will cause this conclusion to ultimately play out in social. DeSo’s advantages make it capable of breaking this status quo for the first time, and bringing competition and innovation back to social in much the same way Bitcoin and Ethereum have done for our financial system. Moreover, if DeSo succeeds, we will no longer need individual "dictators" to set a homogenous moderation policy for hundreds of millions of people.

The Graph is an indexing protocol that facilitates querying data from decentralized networks such as Ethereum and IPFS, serving as a vital component of the Web3 ecosystem. It allows developers to create and publish open APIs, known as subgraphs, which applications can access using GraphQL to retrieve blockchain data. Currently, The Graph provides a hosted service to simplify the development process, with plans to launch a decentralized network. It supports data indexing from Ethereum, IPFS, and POA, with additional networks anticipated in the future. As of now, thousands of developers have deployed over 3,000 subgraphs for decentralized applications, including prominent projects like Uniswap, Synthetix, and Decentraland. The platform has experienced significant growth in usage, highlighting its role in powering the decentralized web.

DeversiFi gives traders the edge in fast-moving decentralized finance (Defi) markets by allowing them to trade at lightning speed and with deep aggregated liquidity, directly from their privately owned cryptocurrency wallet. Traders can take advantage of more trading opportunities while always preserving control of their assets when they need to move fast. DeversiFi’s order-books are off-chain, but settlement occurs on the Ethereum blockchain. This means that traders benefit from fast-moving order books and instant execution, without having to trust the exchange and whilst always maintaining control of their assets at all times.