Sun, Sep 13, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Pantera Capital to launch $100m Initial Coin Offering (ICO) hedge fund

Thursday, June 29, 2017

Komfie Manalo, Opalesque Asia:

Blockchain technology and digital currency-focused investment firm Pantera Capital is planning to launch a $100m hedge fund that is focused in tokens that supports blockchain protocols.

According to Coin Desk, the new fund called Pantera ICO Fund LP has already attracted nearly $35m from Pantera's current investors, venture capital firms and new investors. The new hedge fund is seen to complement Pantera Bitcoin Partners, a joint investment fund launched in 2014 by Pantera, Fortress, Benchmark Capital and Ribbit Capital invest in cryptocurrency.

Pantera is looking at the new fund as an offshoot of firm's previous investments that are focused on traditional positions in startups that aims to incentivize distributed networks through the use of tokens.

Pantera has positions in Ripple and the Zcash Electric Coin Company, which use the XRP and ZEC tokens, respectively.

Early this month, Pantera CEO Dan Morehead said that the company, which calls itself the first U.S. bitcoin investment firm, is buying other digital coins.

Pantera Vice President Paul Veradittakit said the San Francisco-based firm is "opportunistically" adding blockchain-based coins t......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  3. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  4. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m