Pantera Capital is an American
hedge fund
A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...
that specializes in
cryptocurrencies
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank
A bank is a financial i ...
.
It is the largest crypto hedge fund in the world by AUM.
The firm was founded in 2003 by
Dan Morehead
Dan or DAN may refer to:
People
* Dan (name), including a list of people with the name
** Dan (king), several kings of Denmark
* Dan people, an ethnic group located in West Africa
**Dan language, a Mande language spoken primarily in Côte d'Ivoi ...
(ex
Tiger Management
Tiger Management Corp., also known as "The Tiger Fund", is an American hedge fund and family office founded by Julian Robertson. The fund began investing in 1980 and closed in March 2000/01. It continues to operate today in direct public equity ...
) and is co-managed by Co-CIO Joey Krug, the founder of the first major
Ethereum project,
Augur
An augur was a priest and official in the classical Roman world. His main role was the practice of augury, the interpretation of the will of the gods by studying the flight of birds. Determinations were based upon whether they were flying i ...
.
In 2013, it launched the first
investment fund
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages inc ...
focused on
Bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distr ...
in the United States.
As of Jan 2022, Pantera had $5.6 billion in
assets under management.
See also
*
Economics of bitcoin
Bitcoin is a digital asset designed by its pseudonymous inventor, Satoshi Nakamoto, to work as a currency.
Since Bitcoin's first appearance in 2008, it has generated a wide variety of responses and analyses.
Classification
Bitcoin is a digi ...
*
Alternative investment
An alternative investment, also known as an alternative asset or alternative investment fund (AIF), is an investment in any asset class excluding stocks, bonds, and cash. The term is a relatively loose one and includes tangible assets such as ...
References
{{Hedge funds
Hedge funds
Hedge fund firms of the United States
Companies based in Menlo Park, California
American companies established in 2003
Tiger Management