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Pantera Capital

About

Since 2013, Pantera has invested in digital assets and blockchain companies, providing investors with the full spectrum of exposure to the space.

Involved from the start

Pantera Capital was founded by former Tiger Management Head of Macro Trading and CFO Dan Morehead. Pantera’s global macro strategy invested over $1 billion of institutional allocations. In 2013, Pantera created the first blockchain hedge and venture funds in the United States.

  • 4 Office locations spread across the Bay Area, New York, and Puerto Rico
  • $242 million Pantera Venture Funds have realized $242 million on $57 million of invested capital across 28 companies.
  • 210 Pantera has led about half of 210 investments since 2013.

A history of firsts

Pantera launched the first cryptocurrency fund in the U.S. when bitcoin was at $65 /BTC in 2013. The firm subsequently launched the first blockchain-focused venture fund. In 2017, Pantera was the first to offer an early-stage token fund.

Pantera at a glance

  • $3.7bn Assets Under Management
  • 3 Fund Strategies
  • 75% Deals Led (Blockchain Fund)
  • 100 Venture Investments
  • 110 Early-Stage Token Investments
  • 40% Investments Outside U.S.

Investment types

  • VENTURE EQUITY: Exposure to equity in companies building products and services in the nascent blockchain ecosystem. Our long standing reputation and technical edge allows us to see virtually every deal in the market, and lead about half of our portfolio company investments.
  • EARLY-STAGE TOKENS: Exposure to new, efficient, and scalable protocols. Similar to venture capital equity, but investing in tokens (not companies) during the private stage at a discount to the listing price.
  • LIQUID TOKENS: Exposure to the largest and most liquid digital assets. We use our deep market and technical expertise to trade tokens while exploiting market inefficiencies.

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