Money, Markets, Machines

Backing founders building at the frontier of the new digital economy

Funds

Portfolio

Insights

A history of firsts

Pantera launched the first cryptocurrency fund in the U.S. when bitcoin was at $65 /BTC in 2013.  The firm subsequently launched the first blockchain-focused venture fund.  In 2017, Pantera was the first to offer an early-stage token fund.

Pantera at a glance1

$3.5bn Assets Under Management	4 Fund Strategies	75% Deals Led (Blockchain Fund)
100 Venture Investments	110 Early-Stage Token Investments	47% Invested Capital Outside U.S.

1 Figures are estimated and unaudited as of March 31, 2026

Investment types

View the funds

Venture Equity

Exposure to equity in companies building products and services in the nascent blockchain ecosystem. Our long standing reputation and technical edge allows us to see virtually every deal in the market, and lead about half of our portfolio company investments.

Early-Stage Tokens

Exposure to new, efficient, and scalable protocols. Similar to venture capital equity, but investing in tokens (not companies) during the private stage at a discount to the listing price.

Liquid Tokens

Exposure to the largest and most liquid digital assets. We use our deep market and technical expertise to trade tokens while exploiting market inefficiencies.