Venture capital firm Pantera Capital is planning to raise $1 billion for a new crypto fund called Pantera Fund V – focusing on startup Capital , early stage Token and liquidation Token along with assets other.
Pantera previously sought to raise $1.25 billion for its second blockchain fund in September 2022.
Pantera's Liquid Token Fund returned 66% in the first quarter of 2024.
Pantera, which manages $5.2 billion in assets, is one of the most active cryptocurrency investors, having invested in more than 180 startups to date.
In addition to the news of the new fund, Pantera Capital has Capital $8 million in web3 gaming company InfiniGods in a Series A funding round.
InfiniGods is a project that includes many games revolving around ancient civilizations and mythologies. The development team is working to unlock the true potential of blockchain technology.
The project released InfiniMerge, an ancient Greek-themed merge game that enhances gameplay by requiring gamers to combine similar items or upgrade them. There's also the mobile game King of Destiny and the tower defense game Immortal Siege.
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Annie
Bitcoin Magazine
