Pantera Capital

panteracapital.com

Blog

Overview

Details

Pantera Capital is the first U.S. institutional asset manager focused exclusively on blockchain technology. Since 2013, Pantera has invested in digital assets and blockchain companies, giving investors a comprehensive range of exposure to the space.

Category:

Crypto-Native Fund

Founded: 2013

Location: United States

Team

Dan Morehead

CEO & Co-Chief Investment Officer

Mason Nystrom

Junior Partner

Paul Veradittakit

Partner

Lauren Stephanian

General Partner

Franklin Bi

General Partner

Ryan Barney

Partner

Katrina Paglia

General Counsel & Chief Compliance Officer

Marc Selfon

CFO

Matt Gorham

COO

Ishanee Nagpurkar

Junior Partner

Kerry Wong

Head of Investor Relations

Ping Chen

Head of Marketing

Nihal Maunder

Investor

Investment Map

Investment Size

Investments

The Open Network

A fully decentralized Layer1 blockchain designed by Telegram

Obol Network

Ethereum POS consensus protocol and ecosystem

Morpho

Decentralized lending-borrowing protocol

Bitstamp

Cryptocurrency exchange

Acquired

Everclear

A clearing layer for intent-based bridge

BitGo

Institutional digital asset custody, trading, and finance

SynFutures

Decentralized derivatives exchange

Flashbots

Research and development company focussed on MEV

Amber Group

Digital asset platform

Injective

Layer1 Blockchain Optimized for DeFi Applications

Ondo Finance

Institutional-Grade Finance

StarkNet

decentralized ZK-Rollup

Circle

Payments & treasury infrastructure for the internet

NEAR Protocol

Layer-one blockchain

Mina

Lightweight Blockchain

Gemini

Digital asset exchange

Alchemy

Web3 development platform

Arbitrum / Offchain Labs

Ethereum Layer2 scaling solution

Mantle Network

A high performance Ethereum layer-2 network with modular design

Vega Protocol

Decentralized derivatives protocol

Polkadot

Cross-chain protocol

Kyber Network

Multi-chain crypto trading and liquidity hub

Ripple

International remittance solution

Cosmos

The Internet of Blockchains

Coinbase

Cryptocurrency exchange

Symbiotic

Generalized restaking system

GEODNET

Global Earth Observation Decentralized Network

GAMEE

Play-to-earn gaming platform

Orderly Network

Liquidity platform

Zircuit

EVM-compatible zero-knowledge rollup

Zentry

Gaming Superlayer

API3

Oracle Solution

Aevo

A next-generation options exchange

InfiniGods

Blockchain gaming studio

Morph

Global consumer grade public chain

Jambo

Mobile-first crypto network

Bakkt

Digital asset platform

Fordefi

Institutional MPC wallet & security platform

The Block

Crypto news media

Acquired

Maverick Protocol

Decentralized trading protocol

Omni Network

Interoperability layer for Ethereum

Ankr

Web 3.0 Infrastructure Providers

Unstoppable Domains

NFT domains provider

Ancient8

Infrastructure for GameFi

Coins.ph

Southeast Asia's leading mainstream super app

0x

Open source, decentralized transaction infrastructure

Nirvana

AI agent infrastructure for DeFi

Shapeshift

Decentralized cryptocurrency trading platform

Stader

Multichain liquid staking platform

Origin Protocol

Bringing NFTs and DeFi to the masses

Livepeer

Decentralized video streaming network

Anchorage

Crypto custodian for institutional investors

Braintrust

Decentralized Talent Network

1inch

Decentralized Exchange Aggregator

ErisX

Crypto spot and futures markets

Acquired

Aurora

EVM built on the NEAR Protocol

Ripio

Argentina-based crypto company

Audius

Decentralized music streaming protocol

Abra

One-stop cryptocurrency investment platform

Vauld

Crypto lending platform

Instadapp

Multi-Chain DeFi Management Platform

Balancer

DeFi automated market making protocol

Bitso

Crypto exchange in Latin America

Secret Network

Private blockchain network based on Cosmos SDK

Acala

Decentralized finance network

Liquity

Decentralized lending-borrowing protocol

Bounce Finance

Decentralized auction platform

Wintermute

Crypto market maker

Celer Network

Blockchain Interoperability Protocol

WAX

Purpose-built NFT blockchain

Kin

The Community for the digital world

Filecoin

Decentralized storage network

Brave

Privacy-focused internet browser

Arch Network

Bitcoin-Native Application Platform

DeFi Development

Digital Asset Financial Platform

Humanity Protocol

Sybil-resistance network of blockchains

Rarimo

Privacy-first (ZK) social protoco

Azra Games

Blockchain games company

Sahara

Decentralized AI network

aPriori

MEV infrastructure and liquid staking protocol

Mezo

Bitcoin Economic Layer

B3

Horizontally-scaled gaming ecosystem

Sumer.Money

Blockchain liquidity infrastructure

BitOasis

Cryptocurrency platform in the MENA region

Acquired

Sentient

AI development platform

GenomesDAO

Biotech DAO

Nexus

Massively-parallelized proof mining network

M^0

Money middleware for the digital age

Helika

Web3 gaming and NFT analytics platform

Stride

Cosmos staking protocol

EDX Markets

Digital asset exchange

Pontem Network

Aptos Product Studio

Karak

Ethereum L2

tanX

Decentralized order-book exchange

Chainflip

Cross-chain liquidity network

DMarket

Marketplace to trade virtual items

Acquired

Braavos

A StarkNet wallet in Browser

Sender AI

Decentralized transaction execution network

Moonfrost

Social simulation / role-playing game

Pintu

Indonesian cryptocurrency exchange

bloXroute

A weapon for front-running DeFi traders

CoinDCX

India cryptocurrency exchange

Autonomys Network

Decentralized AI (deAI) verticalized stack

Marginfi

Decentralized portfolio margining protocol

Terra

Decentralized financial infrastructure

BCB Group

Crypto payments service provider

PsyFi

Decentralized options trading platform

Coinme

Cryptocurrency exchange

Genopets

Move-to-Earn NFT mobile game

DESO

Decentralized social blockchain

Eco

All-in-one digital wallet

Lithium Finance

Decentralized Asset Pricing Protocol

Rangers Protocol

Web3 Engine Infrastructure

Globe

Cryptocurrency derivatives exchange

Notional Finance

Decentralized lending-borrowing protocol

Reflexer

An anti-inflation protocol

DODO

Decentralized Trading Platform

Cypherium

Layer 1 blockchain protocol

Meter.io

High-performance blockchain infrastructure

Tagomi

Crypto prime brokerage platform

Acquired

Xapo

Private bank

Acquired

Ampleforth

Algorithmic rebase cryptocurrency

Flexa

Digital payment platform

AZA Finance

Global payments and FX fintech

Handshake

Decentralized naming and certificate authority

Oasis Network

Decentralized Layer1 network based on PoS consensus

Tari

Privacy-focused network

ICON

DPoS blockchain and smart contract platform

FUNToken

One-stop gaming token

Civic

Web3 digital identity solutions

Chain

Blockchain-based technology company

Korbit

Cryptocurrency exchange

Urbit

A clean-slate OS and network for the 21st century.

Zcash

Privacy-preserving cryptocurrency

Kusama

Scalable multi-chain network

Altius

Modular blockchain infrastructure

TaoFi

DeFi infrastructure

Radius

The trustless rollup sequencing layer for a new MEV economy

Monkey Tilt

Online gambling platform

Thruster

Blast's native DEX

Figure Markets

Cryptocurrency, Stocks and Alternative Investment Platform

Arcade

GameFi platform

Avantis

Synthetic derivatives protocol

Gondi

Lending and borrowing protocol

Teahouse

Decentralized asset management and strategy platform

Worldwide Webb

A free to play interoperable MMORPG metaverse

MoodMiner

Crypto staking platform

Bitaccess

Bitcoin ATM Software Provider

Acquired

Waterfall

NFT trading and pricing protocol

Antic

Web3 Solutions

Revolving Games

Web3-focused gaming studio

Stacked

Livestreaming platform

Pinata

NFT distribution platform

Metatheory

Web3 interactive media company

MetaLend

Decentralized lending-borrowing protocol

Hedge

Solana lending protocol

Leap

Super wallet for Web3

Sturdy

Isolated lending with shared liquidity

Angelic / Metaverse Game Studios

A narrative Strategy-RPG set in a collaborative and dark sci-fi universe

Space Runners

Fashion Metaverse

VALR

Cryptocurrency exchange

Chronicled

A new healthcare ecosystem without administrative costs

Ntropika Labs

Research and Development team specializing in Web3

Summoners Arena

Multi-type P2E game world

Perion

Web3 gaming centric DAO

Staked

Non-custodial staking platform

Acquired

Faraway Games

Building social blockchain games

Apollo Safe

Multi-Sig Manager for Cosmos

Unbound Finance

Decentralized cross-chain liquidity protocol

Virtue Poker

Decentralized poker platform

Numerai

A new kind of hedge fund

PowerTrade

Crypto Options Exchange

ThunderCore

EVM compatible public blockchain

Unikrn

E-sports cryptocurrency betting platform

Filament

Blockchain-based tech provider for the Internet of Things

BitClout

The Crypto Social Network

Computable

Internet infrastructure and privacy technologies for decentralized data markets

Gradient Network

The open layer for edge compute on Solana

Jumbo Exchange

UI/UX Friendly AMM built on Near

Rarify

A collection of Defi applications

Karura

The DeFi hub of Kusama

Trueflip

Online crypto casino

Temple Capital

Crypto hedge fund

FTX

Cryptocurrency exchange

Cega

Exotic derivatives protocol

Acquired

Wyre

Fiat-to-cryptocurrency and payment infrastructure company

Harbor

Digital securities platform

Acquired

Basis

Stable cryptocurrency protocol

OMG Network

Ethereum's Layer 2 scaling protocol

Mirror Protocol

Decentralized synthetic asset protocol

Few and Far

A next-generation NFT marketplace

Optic

AI engine for NFT content recognition

Swim Protocol

Multi-chain liquidity protocol

The Virtual Basketball Association / Fast Break Labs

The Basketball League of the Metaverse

Hyperspace

All-in-one NFT platform built on Solana

Unbound Security

cryptographic key management and protection company

Acquired

MakersPlace

NFT digital art marketplace

Anchor Protocol

Decentralized money market

Blockfolio

Portfolio tracking app

Acquired

Merkle Data

Risk and data solution

Acquired

Sparkswap

Cryptocurrency exchange built on Lightning Network Atomic Swaps

Coinsuper

Virtual asset trading platform

Bgogo

Cryptocurrency exchange

TruStory

Social network that enables productive debate

Koinex

Indian cryptocurrency trading exchange

Maecenas

Blockchain-based art investment platform

ChangeTip

Bitcoin micropayments infrastructure

Bloom

Blockchain digital identity platform

YOLOrekt

Bid on the future price of crypto

DATA

Decentralized AI-Powered Trust Alliance

Mind Music

Record Label Powered by Crypto

Name	Round	Amount	Valuation	Date
Symbiotic *	Series A	$ 29 M	--	Apr 23
Arch Network *	Series A	$ 13 M	$ 200 M	Apr 22
DeFi Development	Debt Financing	$ 42 M	--	Apr 07

Investment Overview

Rounds in the past year

20

Total rounds

209

Portfolio Numbers

211

Lead Investment

92

Significant Events

Jan 18, 2022

Pantera's new venture fund sees $1 billion in total commitments

Nov 24, 2021

Pantera Capital Raises $600M for New Crypto Fund

Cooperations

Coinbase Ventures

38 Rounds

The Spartan Group

18 Rounds

Hashed

17 Rounds

Polychain

16 Rounds

Lightspeed Venture

15 Rounds

Blockchain Capital

14 Rounds