The flagship hedge fund of ParaFi Capital, a firm focusing on blockchain and decentralized finance (DeFi), has added more than $200 million in investments since April 2020, the Greenwich, Connecticut-based company said in a regulatory filing. The update comes two months after private equity giant KKR & Co. made its first blockchain investment with an unspecified stake into the fund.

The ParaFi Digital Opportunities Fund has raised over $216 million from 226 investors since opening for investments in 2018. That’s up from the more than $11 million and 62 investors it reported last year.

ParaFi also filed a new notice for the ParaFi Digital Opportunities International fund, which started accepting investments in May and has raised $232 million from 66 investors.

Crypto funds have boomed this year as digital asset prices rallied. Crypto-related companies raised more than $9.9 billion in the first half alone, more than quadruple the first-half 2020 level, according to Dove Metrics data.

ParaFi was founded in 2018 by KKR alum Ben Forman and has around $1 billion in assets under management. Its investments include trading platform Gemini, decentralized autonomous organization (DAO) marketplace Talis and Ethereum infrastructure company ConsenSys.

Last week, filings revealed that ParaFi had raised $30 million in a new private opportunities fund and filed for a new growth fund.