The worth of Pantera Capital’s crypto fund drops by 71% in 2022

After a16z Crypto, a different big investment fund in the cryptocurrency sector, Pantera Capital, is stated to have suffered hefty losses due to the bearish marketplace.

The worth of Pantera Capital’s crypto fund drops by 71% in 2022

According to sources of The blockPantera Capital’s Early-stage Token Fund misplaced 71% of its worth in 2022 as the cryptocurrency marketplace knowledgeable a prolonged series of days of decline.

Pantera Capital is a single of the oldest names in crypto venture capital, possessing been founded in 2013. Pantera’s preliminary Token Fund was launched in 2017 with a approach to let traders to expose money to cryptocurrencies in excess of a one-12 months timeframe. at three many years.

Despite going through a decline in worth, Pantera Capital’s investment fund has even now brought in a 372% return for traders considering the fact that its launch. This is not the to start with time Pantera has encountered this kind of a condition. During the 2018 bear marketplace, the fund’s worth “evaporated” by 83%, prior to bouncing 562% and 319% in 2020 and 2021.

Pantera at the moment manages $ four.five billion in assets and manages 5 money: the “Early Stage Token Fund” over, the “Blockchain Fund” which invests stocks in crypto corporations, the “Liquid Token” fund also invests in cryptocurrency , the “Bitcoin” fund and the Venture fund for venture capital.

To adhere to BloombergPantera Capital is raising $ one.25 billion to open a new blockchain fund.

Previously, as Cointelegraph reported, a different VC giant, a16z Crypto, knowledgeable a forty% drop in the worth of its cryptocurrency investment fund in 2022 alone.

Statistics on participation in the capital request of investment money. Source: The block

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