ParaFi Capital is seeking to raise $100 million for its second fund and has currently raised $39 million

ChainCatcher news, according to unchainedcrypto, a new document from the U.S. Securities and Exchange Commission (SEC) shows that ParaFi Capital, a crypto venture capital firm managing $633 million in assets, has raised nearly $39 million for its second venture capital fund (ParaFi Venture Fund II), with a target of $100 million.

Filing data indicates that since the fund opened for investment on May 15, ParaFi Venture Fund II LP has raised $38,915,000 from 52 investors.