Pantera Capital

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Revision as of 05:36, 3 December 2021 by wiki_crypto>Zeb.dyor
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Basics

  • A market whale
  • An Francisco-based investment firm.
  • Pantera Capital was founded in 2003 and originally focused on global macro hedge-fund investments, but as of 2014, it shifted its focus exclusively to bitcoin and other digital currencies.
  • "They famously launched the first US-based cryptocurrency fund in 2013 when Bitcoin price was still around $65."
  • Pantera Capital’s Third Venture Fund, Known as Venture Fund III Raises $71M, Firm partner Paul Veradittakit explains that the company expects to bring in approximately $175 million in funding, which would be the highest monetary allocation in Pantera Capital’s history. Update: "Pantera Capital's third fund is getting closer to its $175M target, having secured $125M so far (an extra $25M since summer last year when it announced the $100M milestone). 2-2019" Update: "has raised $160M of its planned $175M for its third venture fund; $38M in funds have already been dispersed to some 35 projects at an average of $3.5M per deal; the third fund is more selectively focused on mature crypto projects in areas such as custody, commercial exchanges, and asset management " (4-4-2019)
  • Its forth fund raised $600m (24-11-2021).

Investments

  • Do Kwon; gave a 'special shoutout for backing literally everything I've done in my career (without even a pitch)'
  • 0x. Invested in 0x and re-invested during a $15M Series A (6-2-2021).
  • 1inch; led a $12M round (3-12-2020).
  • Acala. From CoinDesk (27-8-2020):

"Acala closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital. Other investors in the funding round include 1confirmation, Arrington XRP Capital, ParaFi Capital, Coinfund, Spartan Capital and others."

"Balancer Labs announced that Pantera Capital and Alameda Research have made an investment in Balancer, through the direct purchase of BAL tokens from the Balancer Labs treasury."

Team, etc.