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Pantera’s Bitcoin (
$78,442.00 ) Feeder Fund now has $63.7 million in funding from 153 investors, up from $18 million from 56 backers a year ago, according to a new regulatory filing.
- Founded in 2019, the Bitcoin ( $78,442.00 ) Feeder Fund lets investors make indirect investments in the firm’s main Bitcoin ( $78,442.00 ) Fund, according to an $78,442.00 ) %20Fund/PPM%20Wrapper%20-%20Pantera%20 Bitcoin ( $78,442.00 ) %20Feeder%20Fund%20Ltd.pdf">explanatory memorandum. The Bitcoin ( $78,442.00 ) Fund is a passive tracker of Bitcoin ( $78,442.00 ) that offers investors daily liquidity.
- Last September, Pantera raised $369 million for a new blockchain fund. Two months later, The Information reported that Pantera was raising $600 million for a new crypto fund to invest in venture equity, crypto tokens and tokens in development. The report said Pantera expected the fund to reach $1 billion by the time it closes in March.
- Founded by Tiger Management alum Dan Morehead in 2003, Pantera has backed more than 80 blockchain companies and 65 early-stage token deals across a portfolio that includes payments company Circle and crypto exchange Coinbase.
- Pantera manages $6.4 billion in total in blockchain-related assets, according to the company.
$2,310.90 ) Amid Cries of Scam
