{"id":77330,"date":"2024-04-26T04:05:24","date_gmt":"2024-04-26T08:05:24","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=77330"},"modified":"2024-04-26T04:05:29","modified_gmt":"2024-04-26T08:05:29","slug":"pantera-capital-reportedly-seeks-1b-for-new-crypto-fund","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/pantera-capital-reportedly-seeks-1b-for-new-crypto-fund\/","title":{"rendered":"Pantera Capital Reportedly Seeks $1B for New Crypto Fund"},"content":{"rendered":"\n

According to reports, digital asset investment manager<\/a> Pantera Capital seeks to raise over $1 billion in crypto funds to provide investors access to blockchain-based assets.<\/p>\n\n\n\n

\"Pantera
Pantera Capital Reportedly Seeks $1B for New Crypto Fund<\/figcaption><\/figure>\n\n\n\n

A little departure from its current Liquid Token Fund, Early Stage Token Fund, Bitcoin Fund, and Venture Funds, which provide a more focused investing emphasis, the Pantera Fund V is scheduled to launch in April 2025 and will function as the company's “all-in-one” fund.<\/p>\n\n\n\n

Qualified investors must commit a minimum of $1 million to the fund. April 1, 2025, is when the first close is planned to occur. A Bloomberg story dated April 25 states that limited partners must contribute at least $25 million.<\/p>\n\n\n\n

The Pantera Fund V would comprise, among other asset categories, liquid tokens, early-stage tokens, and startup stock, according to Pantera's website.<\/p>\n\n\n\n

Through its four current funds, Pantera keeps assets under management totaling $5.2 billion.<\/p>\n\n\n\n

A $1 billion raise would be the biggest for the cryptocurrency sector since May 2022, when Silicon Valley-based venture capital firm Andreessen Horowitz<\/a> raised a record-breaking $4.5 billion.<\/p>\n\n\n\n

With Pantera, VC firm Paradigm is allegedly discussing a raise of up to $850 million for a new cryptocurrency fund. This could indicate that more institutional capital is returning to the industry after a market recovery in 2023.<\/p>\n\n\n\n

Venture capital firm Andreessen Horowitz declared last week that it had secured $7.2 billion to invest in several technology-focused industries, including artificial intelligence and GameFi. However, its $4.5 billion fund devoted to cryptocurrencies has yet to get more funding.<\/p>\n\n\n\n

The company said Pantera is doubling down on GameFi platform InfiniGods, exclusively acquiring its $8 million Series A funding round\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> on April 25.<\/p>\n\n\n\n

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We\u2019ve been extremely impressed with the @InfiniGods<\/use><\/svg><\/span><\/a> team since we first met, and they\u2019ve continued to deliver on popular titles like @KingOfDestinyIG<\/use><\/svg><\/span><\/a>, @InfiniMerge<\/use><\/svg><\/span><\/a>, and @ImmortalSiege_<\/use><\/svg><\/span><\/a>.https:\/\/t.co\/xY4J57DaGw<\/use><\/svg><\/span><\/a><\/p>— Pantera Capital (@PanteraCapital) April 25, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

The cryptocurrency market has received about $3.5 billion in investment thus far in 2024, spread over 604 fundraising rounds. RootData projects that if the trend continues, this year's funding will easily surpass the $9.3 billion raised in 2023.<\/p>\n\n\n\n

Even with the current increase, venture capital funding is still far below historical highs in 2021 and 2022, when $31.2 billion and $29.3 billion were raised, respectively. <\/p>\n\n\n\n

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Cryptocurrency fundraising between Jan. 2020 and April 2024. Source: RootData<\/em><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

According to reports, digital asset investment manager Pantera Capital seeks to raise over $1 billion in crypto funds to provide investors access to blockchain-based assets. A little departure from its current Liquid Token Fund, Early Stage Token Fund, Bitcoin Fund, and Venture Funds, which provide a more focused investing emphasis, the Pantera Fund V is […]<\/p>\n","protected":false},"author":12,"featured_media":73155,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[8802,1659,1924],"class_list":["post-77330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-funding","tag-funding","tag-pantera-capital"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/03\/image-32.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/77330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=77330"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/77330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/73155"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=77330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=77330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=77330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}