Pantera Capital Plans $1 Billion Fund for Diverse Blockchain Assets
Pantera Capital is gearing up to launch a new fund, Pantera Fund V, aiming to raise over $1 billion, according to reports.
Scheduled for an April 2025 debut, the fund will offer investors exposure to a broad spectrum of blockchain-based assets, in contrast to the firm’s existing specialized funds.
Investors are required to commit a minimum of $1 million, with limited partners expected to contribute at least $25 million.
Assets in the new fund will include startup equity, early-stage tokens, and liquid tokens.
This potential raise could mark the largest in the cryptocurrency industry since May 2022, signaling a resurgence of institutional interest following a market rebound in 2023.
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In other developments, Pantera recently led an $8 million Series A round for the GameFi platform InfiniGods.
The cryptocurrency industry has seen over $3.5 billion raised across 604 funding rounds in 2024 so far, with expectations of surpassing the $9.3 billion raised in 2023.