Pantera Capital Sets Sights On New Crypto Investment Fund With $1 Billion In Fundraising Efforts


Pantera Capital is projecting to raise a similar amount to its most recent fund, which closed on $1.25 billion two years ago.

Pantera Capital is raising $1 billion to establish a new crypto investment fund. Photo: Pintu

According to Bloomberg, veteran venture capital firm Pantera Capital is in talks to raise $1 billion for a new cryptocurrency fund. The fund, called Pantera Fund V, will focus on investing in early-stage startups and blockchain assets.-

If successful, this would be the largest fund since the crypto industry’s 2022 bear market and bankruptcies. In addition to Pantera, venture capital firm Paradigm is also looking to raise $850 million for a new crypto fund.

In September 2022, Pantera reached its target of raising $1.25 billion for its second blockchain fund. The source noted that Pantera Fund V will be completely separate from this $1.25 billion fund.

The Liquid Token Fund returned 66% for Pantera in the first quarter of 2024. Earlier this year, Pantera also raised capital to buy back $250 million of SOL at a discount from the bankrupt FTX exchange, as CoinNerd reported.

Pantera is one of the largest cryptocurrency investment funds today, led by Dan Morehead, a veteran Bitcoin investor who once served as CEO of Tiger Management. Since its inception, the firm has invested in over 180 startups in the industry. Pantera manages 3 strategic funds, with assets totaling $5.2 billion.


Bitcoin | Inflation Deflation Deflation Inflation Cryptocurrencies

We hope this information will help you in your investment process, but this is not investment advice. Every investment carries risk, especially in this industry, so DYOR before making a decision.


Tabitha Nyamburah

Be the first to know about crypto news every day

Get crypto analysis, news and updates right to your inbox! Sign up here so you don't miss a single newsletter.