Pantera’s Bitcoin Feeder Fund now has $63.7 million in funding from 153 investors, up from $18 million from 56 backers a year ago, according to a new regulatory filing. Founded in 2019, the Bitcoin Feeder Fund lets investors make indirect investments in the firm’s main Bitcoin Fund, according to an explanatory memorandum. The Bitcoin Fund is a passive tracker of bitcoin … [Read more...] about Pantera Adds $46M in Investments to Bitcoin Feeder Fund
Pantera
Pantera Capital Raises $600M for New Crypto Fund: Report
Crypto investment firm Pantera Capital has raised $600 million for its fourth fund with about 75% of the capital coming from institutional investors, such as endowments, according to tech news site The Information.The institutional backing is a change from the firm’s $175 million fund in 2018, which was largely funded by wealthy crypto investors, the report said.Pantera … [Read more...] about Pantera Capital Raises $600M for New Crypto Fund: Report
ETH 2.0 will help Ether outpace Bitcoin, Pantera Capital CEO predicts
Amid the looming Ethereum London hard fork, Pantera Capital CEO Dan Morehead predicted that the upcoming upgrade would likely help Ether (ETH) outpace Bitcoin (BTC) as the largest cryptocurrency.As a newer cryptocurrency, Ether has more potential than Bitcoin, Morehead said at the Reuters Global Markets Forum on Monday, noting that the latest Ethereum Improvement Proposal (EIP) … [Read more...] about ETH 2.0 will help Ether outpace Bitcoin, Pantera Capital CEO predicts
Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise
Cryptocurrency asset managers Pantera Capital and Arrington XRP Capital have co-led a $5.8 million private investment round for Unbound Finance, an up-and-coming DeFi treasury protocol for pooled tokens. The funds will be used to further develop Unbound Finance’s cross-chain stablecoin platform, including the development of native bridges for instant transfers between its … [Read more...] about Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise
Unbound Finance raises $5.8m led by Pantera Capital and Arrington XRP Capital
Unbound Finance has secured $5.8 million in investment from leading crypto investors, including Pantera Capital and Arrington XRP Capital, to support the firm and become the first-ever decentralized cross-chain stablecoin. Unbound is aiming to create capital-efficient products that are both native and composable to the DeFi ecosystem. The liquidation-free collateralization … [Read more...] about Unbound Finance raises $5.8m led by Pantera Capital and Arrington XRP Capital