Pantera Capital Launches $1 Billion Fund V for Blockchain Assets
Pantera Capital, a leading digital asset investment manager, is making waves in the blockchain industry with the launch of its new fund, ‘The Pantera Fund V.’ The fund aims to secure $1 billion from investors and provide exposure to a wide range of blockchain-based assets.
According to a recent report by Bloomberg, the Pantera Fund V is set to launch in April 2025. This new fund is different from Pantera’s previous offerings, as it is designed to be an all-encompassing product that will invest in venture equity, early-stage tokens, and liquid tokens.
Qualified investors looking to participate in the fund must allocate a minimum of $1 million, with limited partners expected to contribute a minimum of $25 million. The first close for the fund is scheduled for April 1, 2025.
The launch of the Pantera Fund V comes at a crucial time for the blockchain industry, as the market has been recovering from the collapse and scandals that plagued the sector in 2022. Despite facing difficulties in raising new capital last year, Pantera Capital is optimistic about the success of its new fund, which is expected to match the size of its previous fund that raised $1.25 billion two years ago.
In addition to the new fund, Pantera Capital has also made headlines for its successful bid on discounted Solana tokens. The tokens were auctioned by the administrators overseeing the bankruptcy of the now-defunct FTX cryptocurrency exchange. This move further solidifies Pantera Capital’s position as a key player in the blockchain industry.
Overall, the launch of the Pantera Fund V and the acquisition of discounted Solana tokens showcase Pantera Capital’s commitment to innovation and growth in the blockchain space. Investors and industry experts alike will be closely watching the developments of this new fund and its impact on the market.