Pantera Capital plans to raise over $1 billion for its new crypto fund, Pantera Fund V

ChainCatcher news, citing sources familiar with the matter, reports that the venture capital firm Pantera Capital plans to raise over $1 billion for its new cryptocurrency fund, Pantera Fund V, which will provide investors with exposure to blockchain assets.

Pantera Fund V will be the firm's second "integrated" fund investing in startup equity, early tokens, liquidity tokens, and other assets. A spokesperson for Pantera did not immediately respond to requests for comment.

Previously, Pantera sought to raise $1.25 billion for its second blockchain fund in September 2022. The aforementioned sources added that the $1.25 billion fund and the $1 billion Pantera Fund V are not the same.