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Today: October 5, 2024
April 27, 2024
1 min read

Pantera Capital aims for $1B raise in crypto fund

TLDR:

  • Pantera Capital is looking to raise $1 billion for a new crypto fund, Pantera Fund V, focusing on startup equity, early-stage tokens, and liquid tokens.
  • Pantera Capital has maintained $5.2 billion in assets under management and has invested in over 180 startups in the crypto space.

Pantera Capital is seeking to raise $1 billion for a new crypto fund, Pantera Fund V, as reported by Bloomberg and confirmed by a source with direct knowledge of the matter. This new fund will focus on various assets, including startup equity, early-stage tokens, and liquid tokens. The firm had previously aimed to raise $1.25 billion for a separate blockchain fund in 2022. Pantera’s Liquid Token Fund delivered significant gains in the first quarter of 2024, bringing further attention to the new fund.

With $5.2 billion in assets under management, Pantera Capital has cemented its position as one of the most active investors in the crypto space. The firm has backed over 180 startups, showcasing its commitment to fostering innovation and growth within the industry. Pantera Fund V represents the latest effort by the firm to capitalize on emerging opportunities and drive value for its investors.

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