Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund

Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 billion for a new fund that would offer investors exposure across the spectrum of blockchain assets.

The Pantera Fund V would be the company’s second “all-in-one” fund to invest in startup equity, early-stage tokens, liquid tokens and other assets, according to information seen by Bloomberg News. A spokesperson for Pantera didn’t immediately return a request for comment.

If successful, the fund would be the largest raised since before the sector collapsed amid a series of scandals and bankruptcies in 2022. As recently ...