US-based crypto-focused investment firm Pantera Capital wants to launch a crypto fund worth $1 billion. While the news was detailed by The Block and Bloomberg from the US media, it was stated that the fund wants to focus on startup assets, early tokens and liquid tokens and other cryptocurrencies.
If the company manages to raise the desired amount, this fund will be the largest fund the crypto world has seen since the 2022 falls. Pantera last launched a $1.25 billion fund 2 years ago and managed to get this investment.
A Panetra source told The Block that the Pantera Fund V to be launched now and the fund 2 years ago are completely separate. An official statement has not yet been made on the subject.
Pantera, which has $5.2 billion in assets under management, has so far invested in 180 startup projects.
“The bad days are over,” they said
As it is known, Pantera Capital published an important report in recent weeks and claimed that the bad days in cryptocurrencies were over. The company claimed that the intense interest in ETFs was just the beginning, and that the next 18-24 months would be a time of huge rises.