Pantera Capital Launches Third Crypto Venture Fund, Raising $71M to Date

Pantera Capital, a prominent institutional investor in the cryptocurrency sector, has launched its third fund, as disclosed in a filing with the U.S. Securities and Exchange Commission (SEC). The fundraising for Venture Fund III commenced on July 31 and has successfully raised $71.44 million to date.

The filing provides limited information, noting that 90 investors have thus far contributed to this initiative. The total fundraising goal is described as “infinite,” although specific details on the target are scarce.