Breaking News: Pantera Capital to Raise $1 Billion for New Crypto Fund
A source with direct knowledge of the matter has revealed that venture firm Pantera Capital is seeking to raise $1 billion for a new crypto fund. The fund, known as Pantera Fund V, will focus on various assets including startup equity, early-stage tokens, and liquid tokens.
Pantera Capitalโs Expansion in Crypto Investments
- Pantera Capital aims to raise $1 billion for its new crypto fund.
- The fund, Pantera Fund V, will prioritize investments in startup equity, early-stage tokens, and liquid tokens.
- This new fund comes after Panteraโs previous attempt to raise $1.25 billion for a separate blockchain fund in September 2022.
The Success of Panteraโs Liquid Token Fund
- Panteraโs Liquid Token Fund recently reported a 66% increase in gains for the first quarter of 2024.
- The fund has positioned Pantera as a key player in the crypto investment space.
Pantera Capitalโs Leading Role in Crypto Investment
- Pantera Capital currently manages $5.2 billion in assets across three fund strategies.
- The firm has been actively investing in the crypto space, with investments in over 180 startups.
Stay Updated
For further developments on Pantera Capitalโs new crypto fund and other industry news, continue to follow updates in the crypto investment space.
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UPDATED: April 25, 2024, 4:39PM EDT
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