Pantera Capital to Close Blockchain Fund after Raising $1.3 Billion

Pantera Blockchain Fund, Pantera Capital's first blockchain fund, has raised $1.3 billion, more than double the $600 million initial target, and will be closed in three to four weeks, according to an investor conference call. Pantera Capital plans a second blockchain fund in 2023. Pantera Blockchain Fund started fundraising last November and has led investing in Aurora, VALR, GuildFi and other projects.