Saturday, March 25, 2023

Crypto hedge fund Pantera Capital files for massive $134 million raise By Cointelegraph

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Crypto hedge fund Pantera Capital files for massive $134 million raise

In a filing with the SEC yesterday, hedge fund giant Pantera Capital announced an equity offering of up to $134 million — among the largest capital fundraising efforts in the seven year history of the firm.

Formed in 2013 as the first-ever Bitcoin fund in the United States, Pantera initially raised a comparatively measly $13 million, and later $25 million, according to reporting from Cointelegraph.