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Crypto Hedge Fund Pantera On Track To Raise $175M

by cnbc.com posted 1year ago 37 views
Silicon Valley is still finding plenty of reasons, and money, to pour into the cryptocurrency industry. Despite bitcoin slumping by half this year, crypto hedge fund Pantera Capital is well on its way to hitting a $175 million target for its third and largest fund yet. According to a SEC disclosure filed this week, the firm has raised at least $71 million. Pantera executives said the total is now closer to $100 million. Investors appear to be drawn to the focus of the newest Pantera fund.

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