pantera

According to Reuters, foreign exchange market-making and cross-border remittance startup OpenFX has completed a $94 million financing round, led by institutions such as Accel, Lightspeed Faction, M13, Northzone, and Pantera, with a post-money valuation of approximately $500 million.OpenFX provides faster and lower-cost settlement services for large cross-border funds by using stablecoins as a bridge connecting the banking system with blockchain infrastructure. The company claims that over 98% of transactions on its platform can be settled within 60 minutes, and its annual payment processing scale has increased from approximately $4 billion to about $45 billion. OpenFX plans to use this round of funding to expand into Southeast Asia and Latin America markets.

According to The Block, Based, a Web3 trading and payment application built on Hyperliquid infrastructure, announced the completion of a $11.5 million Series A funding round, led by Pantera Capital, with participation from Coinbase Ventures, Wintermute Ventures, and Karatage.Based stated that it has over 100,000 registered users, 30,000 monthly active users, a total trading volume of approximately $40 billion, and total revenue of nearly $14 million. The company plans to expand its AI-driven "agentic commerce" business and extend into the North American market. It is reported that this funding round began in the fourth quarter of 2025 and concluded last week, with the funding structure consisting of equity investment and token warrants.

The sports event prediction market platform Novig announced the completion of a $75 million Series B funding round, led by Pantera Capital, with a post-funding valuation of $500 million.Novig co-founder Jacob Fortinsky stated that the company was founded in 2021 with the aim of creating a consumer-friendly platform for modern sports bettors, with its core advantage being its peer-to-peer trading model. Novig is currently applying for a license from the Commodity Futures Trading Commission and expects to complete this within six months. Fortinsky emphasized that, unlike platforms such as Kalshi and Polymarket, Novig's product design and brand positioning are centered around sports events, making it more aligned with the usage habits of ordinary sports fans.

Pantera Capital general partner Franklin Bi posted on platform X speculating that the recent large-scale sell-off in the crypto market was driven not by a trading firm focused on cryptocurrencies, but by a large entity from outside the crypto space in Asia.This entity has limited crypto trading counterparts, so it went unnoticed by the crypto community. Franklin Bi speculated that this entity engaged in leveraged trading and market making on Binance → closed yen arbitrage trades → faced an extreme liquidity crisis → obtained about a 90-day grace period → attempted to recover losses through gold/silver trading but failed → and was forced to close positions this week.

According to The Block, the on-chain token creation and issuance protocol Doppler announced the completion of a $9 million seed round financing, led by Pantera Capital, with participation from Variant, Figment Capital, and Coinbase Ventures.Doppler, developed by Whetstone Research, has become the default platform for launching new DEX pools on the Base blockchain since its launch nine months ago.

Pantera Capital General Partner Franklin Bi posted on platform X, stating that the competition against quantum threats has already begun, but the market has a clear misjudgment regarding the adaptability of traditional finance and blockchain.The market has overestimated the speed at which the Wall Street system can adapt to the upgrade of anti-quantum technology, as the migration process of traditional financial infrastructure will be slow and chaotic, making it difficult to eliminate risks such as single points of failure. The overall security of the traditional financial system depends on its weakest links. Meanwhile, the market has underestimated the unique capabilities of blockchain technology in terms of upgrades. If certain blockchains can successfully complete upgrades within a critical window, they may evolve into "safe havens" for data and assets in the anti-quantum era. Ethereum has already proven to be one of the few successful examples capable of completing complex system upgrades globally (such as the previous The Merge upgrade), and the security crisis brought by quantum computing may actually strengthen the "gravitational effect" of a few core blockchain networks.

According to Nansen, Pantera Capital is far ahead on the profit and loss leaderboard this week, with three wallets making profits of $12,100,000, $6,000,000, and $3,600,000 respectively.Meanwhile, Arrington XRP Capital also achieved profits, but on a smaller scale than Pantera Capital. Most other funds performed modestly this week.

According to Onchain Lens monitoring, 2 wallets associated with Pantera Capital have deposited 5,264 ETH into Coinbase Prime, worth 15.39 million USD.

Pantera Capital researcher Jay Yu published 12 predictions for the cryptocurrency market in 2026 on the X platform:Capital-efficient consumer credit: Combining on-chain and off-chain credit modeling, modular design, and AI user behavior learning will become the new frontier of crypto lending;Divergence in prediction markets: It will split into financial directions combined with DeFi and cultural directions capturing pop culture and long-tail enthusiasts;Rise of Agentic Commerce: The x402 protocol will expand into conventional payments, with Solana potentially surpassing Base in tiered trading volume;AI as the crypto interface layer: AI-assisted analytics, project research, and wallet tracking will permeate most consumer-grade crypto applications;Tokenized gold rises: It will become a leading asset in the RWA space as a safe-haven asset;Bitcoin quantum threat panic: Technological breakthroughs may trigger discussions about quantum computing threats, prompting holding institutions to develop contingency plans;Unified privacy development experience: Privacy-as-a-service bundles will emerge, simplifying the integration of privacy technologies into enterprise workflows;DAT integration: DAT will undergo consolidation, retaining only 2 to 3 in each major area through mergers or liquidations;Breaking the boundaries between tokens and equity: Convertible equity tokens may emerge, and the regulatory framework for token legal ownership will tend to solidify;Hyperliquid maintains Perp DEX dominance: The USDC share on HYPE may be replaced by USDe and USDH;Professional-grade AMMs moving to multi-chain: They will account for over half of Solana's trading volume and begin pricing assets like RWA;Stablecoin international settlements: Fintech companies like Stripe, Ramp, Brex, and Klarna will use stablecoins for international settlements.