what's Pantera Capital?
Pantera Capital is a pioneering investment firm specializing in cryptocurrencies, blockchain technology, and digital assets. Founded in 2003 by Dan Morehead, it transitioned to focus exclusively on the crypto ecosystem, launching the first U.S. cryptocurrency fund in 2013 when Bitcoin was priced at $65. The firm manages multiple strategies, including venture capital for blockchain companies, early-stage token investments, and liquid trading funds for major digital assets like Bitcoin and Ethereum. Pantera's approach emphasizes thematic investments in core blockchain infrastructure, such as decentralized finance (DeFi), exchanges, custodians, and scalable protocols. It provides exposure to both equity in emerging blockchain firms and tokens during private stages, often at discounts to public listings. With a reputation for technical expertise, Pantera leads investments in high-potential projects and exploits market opportunities through deep analysis of the digital asset space. The firm has backed over 100 blockchain companies and 110 token deals since inception, contributing to the growth of the crypto industry. Its portfolio spans infrastructure, Web3 gaming, payments, and more, positioning it as a key player in fostering innovation within the decentralized economy.
Pantera Capital nominated for "Best In VC" award; identified zkTLS as a 2026 trend.
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x.com/panteracapitalNominated for "Best In VC" award by The Rollup, with winner to be announced on December 30th, 2025.
Identified zkTLS as a breakout trend for 2026 for bringing off-chain data on-chain, specifically mentioning earnos_io under this category.
Launched inaugural episode of Stateful podcast
Led a $20M seed funding round for Rialo in August 2025, with participation from Coinbase Ventures, Hashed, Variant Fund, Mysten Labs, and other investors.
Participated in RedotPay's $107 million Series B funding round led by Goodwater Capital, alongside Blockchain Capital and Circle Ventures.
Pantera Capital leads $15 million funding round for SurfAI, a blockchain service company.
Pantera Capital leads $17 million funding round for @fin with participation from Sequoia Capital and other investors.
Zama Protocol announces public token sale through sealed-bid Dutch auction on Ethereum scheduled for January 12-15, 2026, with tokens unlocked immediately and allocation based on quantity rather than capital.
Sahara AI, which raised $49 million from Pantera Capital and other investors, sees its SAHARA token drop 45.6% to $0.04426 with team providing no response to the price movement.
Pantera Capital backed Zama Protocol's $150M+ funding round at a billion-dollar valuation alongside Multicoin, Protocol Labs, and other investors. Zama builds a confidentiality layer for blockchains using Fully Homomorphic Encryption, with its $ZAMA token coming soon and public testnet currently live.
aPriori, which raised $20M from Pantera and HashKey in August, experiences airdrop manipulation concerns as 60% of tokens claimed by single entity using 14,000 connected wallets funded through Binance. ZachXBT publicly criticizes zero transparency from project co-founder.
Pantera Capital participates in Ripple's $500 million strategic funding round alongside Fortress Investment Group and Citadel Securities.
Announces new home for Pantera Research Lab, a dedicated division focused on studying, building, and publishing ideas in digital assets with emphasis on data, research, and catalyzing projects.
A former BitMEX executive and Maelstrom Capital investment director reports losing nearly 50% ($100k to $56k) on a Pantera fund investment over 4 years, attributing LP losses to high management fees despite Bitcoin doubling and seed projects achieving 20-75x returns during the same period.
Pantera Capital shares investment thesis identifying Obol as the future end game for Ethereum staking infrastructure with potential to secure trillions in value.
Identified as one of three major buyers (alongside Galaxy Digital and Figure Technologies) who acquired approximately 55 million SOL from the FTX/Alameda bankruptcy estate for around $3.3 billion in 2024 at prices between $64-$102 per token. The purchase includes a vesting schedule with 20% unlocked March 1, 2025 and remaining 80% releasing linearly at approximately 930K SOL per month through March 2029.
Records $1.6M in realized profits during the past 7 days, ranking third among Smart Money funds for trading performance.
Named as key investor in Evernorth's Nasdaq listing aiming to raise over $1 billion for the largest publicly traded XRP treasury, with deal expected to close in early 2026.
Pantera backs Multipli, a yield engine for tokenized real-world assets including gold, treasuries, and real estate, alongside institutional partners Nomura, Sequoia, Fasanara, Edge Capital, and BnB.
Pantera Capital announces recent investments in three companies: Meanwhile Life (life insurance founded by ztownsend), Transcrypts (digital identities founded by zainzaidi99), and Coinflow Labs (cross-chain payments founded by SirDigitalDan).
Arch Network receives $13M Series A funding from Pantera Capital to build financial rails for Bitcoin-denominated applications.
Pantera appears three times in top 3 funds by profit over the past 7 days.
Co-leads $82M investment in Meanwhile's Bitcoin life insurance product with Haun Ventures.
Launches HeliusHSDT in partnership with Solana to bring institutional market access to Solana ecosystem.
Additional details reveal the funding round includes $750M in stapled warrants, potentially scaling above $1.25B total.
Binance recently lists AVNT token from Avantis, the Pantera Capital-backed project.
Dan Morehead plans to purchase over $1 billion of SOL very soon for a new Solana treasury strategy called DAT.
Pantera Capital backs Avantis, a differentiated DEX enabling RWA and equities trading on-chain with zero-fee perpetuals that has generated over $5B in trading volume in 3 months.
Closes first round of $1B Fund V targeting AI-blockchain ventures while adding former Symbolic Capital principal Sam Lehman as junior partner for crypto-AI investments.
$1.25B raise initiated to convert Nasdaq-listed company into SOL-focused treasury firm, with $500M initial raise and $750M through warrants.
Pantera Capital commits $100M to Solana treasury initiative while revealing $300M+ deployed across 10+ crypto treasury stocks this year, establishing dominance in the crypto treasury investment sector.
Major crypto institutions signal shift in market focus toward altcoin sector.
Joins $500M investment round in EV company Volcon, which will allocate 95% to Bitcoin holdings.
Secures $800M institutional backing for ETH yield platform, with newly revealed partners Electric Capital and Blockchain.com joining initiative focused on staking, DeFi treasury yield, and institutional infrastructure services.
DYNX treasury company launches with 400k ETH seed funding and Pantera Capital backing.
New $250M Real World Assets initiative launches in partnership with Ondo
Launches new Digital Asset Treasury companies (DATs) initiative in collaboration with Fundstrat to integrate traditional financial instruments with 24/7 trading capabilities.
$250M investment partnership formed with Ondo to fund RWA projects.
Participates in $250M funding round for BitMine's ETH treasury program alongside Kraken and Galaxy Digital.
Participates in $250M fundraise for Bitmine's new ETH treasury alongside Kraken
Former Kraken CLO Marco Santori joins as new team member to expand crypto portfolio operations.
Fund maintains 83% compound annual growth rate over twelve-year period while current market appears to undervalue significant positive regulatory developments.