Bitcoin Permabull Pantera Capital Details $175 Million Crypto-Fund

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Cryptocurrency- and blockchain-focused investment fund Pantera Capital is aggressively pursuing its belief in the burgeoning asset class as it seeks a mammoth $175 million in investments from institutional investors for its third crypto venture. Pantera’s Cryptocurrency Push According to TechCrunch,  the technology-turned-blockchain investment group is forming its third investment fund in five years, following a $13 million debut effort in 2013 and a larger, $25 million fund in 2016. Pantera partner Paul Veradittakit noted the enormous amount represents the “fast-moving function” of the digital asset sector, citing tremendous opportunities, talent and late-stage investments coming in the space. The multi-millionaire investor also highlighted that Pantera wishes to “move with the market.” While the investment is not capped at $175 million, Pantera has raised $71 million from 90 different investors at the time of writing, according to an SEC filing. Contrary to the panic investing most amateur cryptocurrency investors succumb to, Pantera