- Pantera Capital launched its first blockchain fund in June 2021
- The new fund will reportedly invest in equity, as well as digital tokens
Pantera Capital is reportedly seeking to launch a second blockchain fund, despite the ongoing bear market that has sent crypto prices spiraling in recent months.
An institutional asset manager focused on the blockchain industry, Pantera currently offers five funds: venture, bitcoin, early-stage token, liquid-token and blockchain funds.
Pantera’s blockchain fund, which launched in June 2021, is an actively managed offering that invests in a combination of venture equity, early-stage tokens and liquid tokens. It is for qualified purchasers only and has a minimum investment of $1 million.
Now, Pantera founder Dan Morehead said Wednesday at a conference in Singapore that the company is planning to raise $1.25 billion for a second blockchain fund, Извјештава Блоомберг. The fund, which Morehead said Pantera aims to close in May, would invest in equity and digital tokens, he said.
Source: https://blockworks.co/pantera-capital-reportedly-eyeing-new-1-25b-blockchain-fund/