Pantera to close Blockchain Fund soon after raising $1.3B — double the target

2022.04.13 07:20

Pantera to close Blockchain Fund soon after raising $1.3B — double the target

Crypto hedge fund giant Pantera Capital is set to close a blockchain fund next month that is backed by around $1.3 billion worth of capital.

The Pantera Blockchain Fund was announced in May last year, with plans to raise $600 million to invest in early-stage tokens, venture equity, Web3 firms and tokens with strong liquidity. It has since surpassed that target significantly, with the firm revealing last month that the fund had topped $1 billion.

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