Express
Pantera Capital Set To Launch A New Fund For Institutional Bitcoin Investors
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
Tags: Bitcoin,Dan Morehead,Fund,ICO,Institutional Investor,Pantera Capital
Link: Pantera Capital Set To Launch A New Fund For Institutional Bitcoin Investors [Copy]