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Pantera Capital Set To Launch A New Fund For Institutional Bitcoin Investors

Mary Liu

Summary: Pantera Capital, a famous cryptocurrency fund management company is preparing a new fund for big institutional investors, as reported by The Block. It is reported that Pantera Capital has more than $1 billion in assets, and the returns for its Bitcoin fund and initial coin offering (ICO) fund reach 299% and 500% respectively last year. CEO ...

Pantera Capital, a famous cryptocurrency fund management company is preparing a new fund for big institutional investors, as reported by The Block.

It is reported that Pantera Capital has more than $1 billion in assets, and the returns for its Bitcoin fund and initial coin offering (ICO) fund reach 299% and 500% respectively last year.

CEO Dan Morehead said that Pantera's new fund will be more suitable for multi-asset-class institutional investors, including Bitcoin. The company didn't reveal a specific launch time for the new fund, Morehead stated that it may be "in the coming months."

By Mary Liu

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