Web3 Space

Decentralized Platform for Learning, Work and Professional Interaction.

[Web3 Space @Web3Space_HQ]

Empower Others and Grow: Become a Mentor on Web3Space 📈

[Pantera Capital @PanteraCapital]

We just published our February Blockchain Letter: Headwinds Becoming Tailwinds

Inside:
– Macro tailwinds supporting crypto expansion
– Improving fundamentals & industry growth
– Expectations for crypto in the new Administration
– #Solana's breakout year

https://t.co/r4U9yApAqq

[Pantera Capital @PanteraCapital]

It’s great to see Google Cloud join the Injective ecosystem as a validator, showing how Web3 and major tech players are coming together in a big way.

[CoinFund @coinfund]

2025 IS THE YEAR OF THE CONSUMER

That’s one of the key insights from CoinFund’s Founder Forecast, our second annual survey released to our 120+ portfolio companies on their game plans for the new year.

Let’s dive in 🧵

[Avalanche🔺 @avax]

Visionary voices. Revolutionary ideas.

At Avalanche Summit London on May 20-22, learn from visionary leaders driving web3 forward:
🔺 Rob Hadick (@dragonfly_xyz) – Investing at crypto's cutting edge
🔺 Stani Kulechov (@AaveAave) – Building the future of decentralized finance
🔺 Anjan Vinod (@paraficapital) – Unlocking Web3 innovation
🔺 Maredith Hannon (@WisdomTreeFunds) – Institutional adoption of digital assets

Join us in shaping the future of finance. Register now 👇

[ParaFi Capital @paraficapital]

🧵1/ Layer3 is now one of the largest routers of on-chain economic activity, formulating its position as a next-generation aggregator. It’s not just a ‘quest platform’ as some misconstrue it, but much more.

Layer3 has:
-Powered on-chain experiences for 5mm+ users
-Facilitated 157mm transactions
-Worked with over 500 crypto applications

Additionally, it has some of the stickiest users in the crypto space, with top users spending 100+ consecutive days on the platform.

👉Let’s take a closer look at Layer3 and its mission to become the homepage for the on-chain world.

[ParaFi Technologies @parafitech]

ParaFi Tech is offering a free Solana RPC for the community.

High performance, generous rate limits, no sign ups required.

Try it now: https://t.co/Ru4NuOJdR1

Follow @parafitech for the next 30 days as we post guides and data from our RPC.

[Bitwise @Bitwise]

Today we’re excited to announce Bitwise has completed a $70 million round of funding from top financial institutions and technology investors as we continue building the leading crypto asset management firm.
Investors in the round include:

- Electric Capital
- MassMutual
- MIT Investment Management Company
- Highland Capital
- Haun Ventures
- ParaFi Capital
- Khosla Ventures
- General Catalyst
- Blockchain Coinvestors
- Nikesh Arora
- And others

Our mission is the same today as it was 7 years ago: to be the partner investors rely on to understand and access the opportunities emerging in crypto.

Today, Bitwise has more than 100 employees and stewards $12 billion in client assets, with 30+ investment solutions spanning index funds, alpha solutions, non-custodial staking, separately managed account strategies, ETFs, and ETPs. We will continue to invest in the team and in new solutions across beta, alpha, and onchain, always striving to be the best partner to investors.

Thank you to our clients, Bitwise’s backers, and to this ecosystem. We’re grateful to work with you, and we love the work we do.

We’ve never been more excited about the potential of this space. It’s going to change the world.

Onward —

[Avalanche🔺 @avax]

Adoption is growing at a rapid pace across the Avalanche network, from the industry’s top games, innovative AI platforms, tokenization of RWAs and major partners building their own custom L1s.

What does the year ahead look like to some of the top VCs?

[Layer3 @layer3xyz]

Layer3 Intel is live: AI agents that deploy tasks and earn revenue on Layer3.

We gave them 3 years of proprietary incentive data & realtime internet access.

Create yours with 25,000 L3. Live today with builder access.

[Wormhole @wormhole]

⚫️ @Securitize Announces the Live Deployment of Wormhole, Enabling Tokenized Funds with Multiple Share Classes on @ethereum, @arbitrum, @avax, @Optimism, and @0xPolygon.

“Wormhole’s interoperability platform provides the necessary tools for institutional-grade security and flexibility, said Carlos Domingo, CEO of Securitize. “This enables our clients’ tokenized assets, like BlackRock’s BUIDL, to scale seamlessly across new networks, further expanding access and liquidity for investors.”

[RWA.xyz @RWA_xyz]

BREAKING: Tradable is Tokenizing $1.7B of Private Credit on zkSync Era

The ParaFi-backed protocol partnered with $330B asset manager Janus Henderson to bring part of their asset-backed lending portfolio on-chain.

Just the start for RWAs in 2025.

[SOL Strategies @solstrategies]

Sol Strategies Inc. (CSE: HODL) announces a CAD $27.5M private placement with ParaFi Capital to support the expansion of SOL holdings and validator operations in the Solana ecosystem.

@paraficapital, a leading investor in blockchain and decentralized finance, brings deep industry expertise and a proven track record. Their alignment with our vision makes them an ideal partner as we expand SOL holdings and validator operations in the Solana ecosystem.

Read more: https://t.co/Pj86VFqIgT

[Avalanche🔺 @avax]

Avalanche announces a $250 million private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital, highlighting the growing confidence in Avalanche’s blockchain ecosystem ahead of the Avalanche9000 upgrade 🤝
https://t.co/tWmn5u9LbG

[Notabene @notabene_id]

Thrilled to announce that we've raised a Series B led by DRW Venture Capital to accelerate our amazing growth this year!

Just a few highlights:
- 10X growth in transaction volume in the last 12 months, now at half a trillion total 🤯
- 25M+ transactions securely processed
- 85+ jurisdictions
- Supporting 1,000+ crypto assets
- $1B in high-risk volume detected and prevented using Notabene’s platform
- 60 customers going live in the EU for upcoming regulatory changes
- 165+ customers and growing daily 🚀

This round will help us bring secure, transparent, and compliant crypto payments to more financial institutions, paving the way for stablecoins to revolutionize global finance.

Full details on the raise here: https://t.co/j6k9KQc9M2

[ParaFi Capital @paraficapital]

Let's examine @Polymarket's open interest (“OI”), trader profitability, and potential market manipulation concerns ahead of the election.

Through October, OI surged from $120M to $371M on Polymarket, dominated by election-related markets.
Over 75% of the $433M in OI hinges on this election’s outcome, including $230M (53%) tied to the presidential election and $75M (17%) to the popular vote.

By contrast, the largest non-election market only has $3M of OI.

As results roll in, a significant drop in OI is expected, raising key questions:

To where will freed-up USDC flow? New markets or withdrawals?

Let’s touch on Trader Profitability:

Of Polymarket’s 343K lifetime users, only ~26% are profitable.

Interestingly, just five accounts have crossed $1M in profit, and only 11% have made over $10.

The top 10 most profitable traders hold 16% of total gains and include the most active traders.

Fredi9999, along with three related accounts, controls 21% of the “Yes Trump” shares for the election-winner market and 42% of the “Yes Trump” shares in the popular vote market. If Trump wins the election, Fredi9999 stands to make $20M+ in profit from their election winner bet alone.

In contrast, “Yes Harris” shares in the election-winner market show less concentration, with the top 5 holders owning only 18%.

Polymarket’s most profitable trader, JustKam, has never held more than $3.6M worth of shares at any one time, earning through active trading and market-making.

Is There Market Manipulation?

We don’t believe so.

Fredi9999, now identified as a French national, began accumulating Trump shares in August.

Across four accounts, Fredi9999 purchased 47M shares tied to a Trump election victory, primarily in October.

While Fredi9999 invested over $25M in the market, their trades only accounted for ~4% of the total volume of "Yes Trump" shares in the election-winner market in October.

After accumulating the shares at an average price of ~$0.56, Fredi9999’s unrealized gains stand at $1.8M, peaking at ~$5.3M when Trump’s odds hit 67%.

Over the weekend, however, a surge in Harris’ poll numbers saw Trump’s odds decline on Polymarket, and a new account—created October 29th—quickly became the largest Harris shareholder with 10.8M shares, bought with $5M.
Disclaimer:
The above thread is provided for informational purposes only. It should not be construed as investment advice. Please see https://t.co/AG3FifGizb for more information. ParaFi Capital is an investor in Polymarket. PnL numbers were taken on the night of October 31st. Thank you to @Domahhhh, @primo_data, @0xBoxer, and @/lifewillbeokay on Dune for aggregating and sharing data related to Polymarket.

[ParaFi Technologies @parafitech]

Releasing our September Ethereum Lido node operator figures.

For September, we were ranked the #1 node operator, with an attestation success ratio of 99.998%, and generated +22 ETH from baseline MEV across 57M attestations and 1,745 block proposals.

[Avalanche🔺 @avax]

Retro9000: Up to $40m in retroactive grants for Avalanche L1s 🔺

This new grant program aims to reward developers who contribute to the testnet and launch their project on mainnet, empowering developers to do what they do best–innovate and build.

More on Retro9000 👇

[Layer3 @layer3xyz]

L3 is expanding to @Solana in October.

New platform, optional token migration, and a better UX.

We're going all in with 25 top protocols to create the top consumer hub on Solana 👇

[Securitize @Securitize]

Great to see @paraficapital take another step into tokenization.

As Ben Forman, founder of ParaFi, noted, “We’ve probably seen more interest and activity in tokenization space in the last year than in the prior years combined.”

We're proud to support this step forward in collaboration with @avax. A significant move for the future of private market strategies!

[Avalanche🔺 @avax]

Tokenization meets private markets 🤝

Alternative asset management firm with $1B+ in AUM expands its L1 blockchain footprint.

ParaFi has tapped Securitize, a tokenization giant managing $950M+ in investments, to tokenize an interest in one of its venture funds on Avalanche.

Through this Fund, a broader group of investors can access ParaFi’s venture strategy and join the firm’s existing institutional investor base, which includes:

🎁 Leading endowments and foundations
🏦 Fund of funds
👥 Family offices
🌐 Blockchain founders

See how @paraficapital and @Securitize will streamline processes, and increase access and transparency for a new wave of investors on Avalanche.
https://t.co/8EBBxn1Q61