Jupiter Secures $35M Strategic Investment From ParaFi Capital to Accelerate Onchain Financial Infrastructure

Jupiter, a global onchain finance platform with over $3 trillion in lifetime trading volume, announced a $35 million strategic investment from New York–based ParaFi Capital, a $2bn asset management firm focused on the digital asset ecosystem.

Over the past year, Jupiter processed more than $1 trillion in annual trading volume and expanded from a handful of trading tools into a fully integrated onchain platform spanning swaps, perpetuals, prediction markets, stablecoins, lending, and portfolio management. What began as a single-function interface has evolved into a comprehensive onchain financial hub, enabling users to trade, earn yield, and manage assets within a single application.

ParaFi’s investment extends Jupiter’s momentum into 2026, supporting its efforts to deepen institutional participation in onchain finance. Since its founding in 2018, ParaFi has backed a number of category-defining DeFi protocols.

“With Jupiter, we found a partner with a track record in product development throughout onchain finance,” said Ben Forman, Founder and Managing Partner at ParaFi Capital. “We see further onchain adoption as the future of finance, and we believe the Jupiter team can execute with speed and experience to deepen their market penetration.”

“We share a long-term vision with ParaFi on the timing and potential of onchain finance,” said Xiao-Xiao Zhu, President of Jupiter. “They’ve been building the bridge between traditional finance and onchain markets since 2018. That connectivity will play a large role in accelerating everything we’re doing at Jupiter.”

ParaFi Commits $35M to Jupiter With Extended Lockup and Structured Upside

ParaFi purchased tokens at market prices without a discount, agreed to an extended lockup, and received warrants to acquire additional tokens at materially higher prices, reflecting long-term alignment with Jupiter’s growth.

Notably, the transaction was settled entirely in JupUSD, highlighting confidence in Jupiter’s stablecoin infrastructure and its suitability for large-scale institutional flows.

“This partnership isn’t really about the capital,” Kash Dhanda, COO of Jupiter, added. “What mattered most was finding a partner with deep credibility who could catalyze our growth as we build the next stage of onchain finance.”

Bootstrapped from day one and profitable throughout its lifespan, Jupiter has never taken any outside capital, marking the ParaFi partnership as a historic first.

“We are seeing a rapid convergence between DeFi and traditional capital markets,” said Anjan Vinod, Managing Director at ParaFi Capital. “We’re excited to bring our almost eight-year operating history to support Jupiter as it deepens its core DeFi stack while expanding into new products across tokenization, payments, and asset management.”

Jupiter Reveals Product Suite Expansion at CatLumpurr

At its recent CatLumpurr conference in Kuala Lumpur from January 31 – February 2, Jupiter announced over 40 new major product launches and upgrades.

With the unveilings at CatLumpurr, Jupiter expanded both its existing product suite and its total addressable market.

• Jupiter Lend – the fastest-growing protocol in Solana history, reaching $1B in total supply eight days after the public launch. Several initiatives are underway to unlock billions in latent institutional capital for deployment

• JupUSD – The first truly onchain-native stablecoin, designed to share underlying economics back to the ecosystem and challenge industry norms. 

• JupNet – the omnichain network that seeks to aggregate all of crypto into one unified decentralized ledger, allowing users to swap, deposit, and trade across chains with ease

• Jupiter Global – Real-world onchain payments with Jupiter Card, Global Send enabling USD SWIFT transfers to 200+ countries, local payouts in 15+ currencies, and QR Pay for scan-to-pay across APAC with 0% fees. Available on the Jupiter Mobile app.

• Prediction Markets with Polymarket Integration – Jupiter, the first Solana partner for Kalshi, is now the first and only Polymarket venue on Solana, platforming onchain activity for the world’s largest prediction market.

• Jupiter Offerbook – A permissionless money market that allows users to borrow using any onchain asset, including all RWAs, with time-based P2P loans and no price-based liquidations.

Jupiter’s superapp approach aims to ensure that billions of potential users––from retail to institutions––can realize the benefits of onchain finance simply by using a single trusted application across multiple surfaces: web, mobile, and API.

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