Parataxis, which currently has about $116 million in assets under management, primarily focuses on institutional investors such as banks, family offices and pension endowments. The market-neutral Parataxis Digital Yield Fund made headlines in August when Fairfax County, Virginia’s, $6.8 billion pension fund, the Fairfax County Retirement Systems, said it would invest $35 million in the yield farming fund. Fairfax, one of the first U.S. pensions to invest in crypto, made a two-part bet on yield farming, a term that refers to any effort to generate the most returns possible on crypto assets through a variety of methods.
Paradigm plans $1.5 billion fund to expand into AI, robotics
Paradigm is seeking to raise as much as $1.5 billion for a new fund that would expand its scope into...
