Pantera Capital Aims to Raise Over $1 Billion for New Fund: Pantera Fund V

Pantera Capital, a digital asset investment manager, is making waves in the cryptocurrency industry with its plans to raise over $1 billion for a new fund. The Pantera Fund V, set to launch in April 2025, will offer investors exposure to a wide range of blockchain-based assets, including startup equity, early-stage tokens, and liquid tokens.

Unlike Pantera’s existing funds with more specific investment focuses, the Pantera Fund V will serve as an all-in-one investment vehicle. Qualified investors looking to participate in the fund will need to allocate a minimum of $1 million, with limited partners required to contribute a minimum of $25 million to join.

If successful, the $1 billion raise for the Pantera Fund V would be the largest fundraising effort in the cryptocurrency industry since 2022. This news comes amidst a resurgence of institutional capital flowing back into the sector, with other VC firms like Paradigm also looking to raise significant funds for cryptocurrency investments.

The cryptocurrency industry has seen a surge in funding activity in 2024, with venture capital funding for blockchain projects experiencing its first quarterly rise since 2021. Web3 startups have secured nearly $1.9 billion in funding in the first quarter of 2024, signaling a positive trend for the sector.

Investors with a long-term perspective on Web3 are driving this funding surge, moving away from the hype-driven investments of previous years. Notable investments in Q1 include Exohood Labs, EigenLabs, and Freechat, showcasing the diversity and innovation present in the blockchain space.

Overall, the news of Pantera Capital’s ambitious fundraising efforts and the broader resurgence of institutional capital in the cryptocurrency industry point towards a promising future for blockchain investments.