Cryptocurrency moves from the giant investment company: It bought this altcoin! - Kriptokoin.com

Venture firm Pantera Capital is looking to raise $1 billion for a new cryptocurrency fund. Pantera Fund V will focus on seed capital, early-stage tokens, and liquid tokens, among other assets. Meanwhile, Pantera Capital participated in the FTX auction and purchased another 2,000 SOL tokens. In addition, Pantera Capital participated in the Series A funding round of web3 gaming firm InfiniGods.

Pantera Capital has rolled up its sleeves for a new cryptocurrency fund!

As you can see from Kriptokoin.com**, institutional interest in the cryptocurrency space is increasing. According to sources, Pantera Capital is looking to raise $1 billion for a new cryptocurrency fund. The fund, dubbed Pantera Fund V, will focus on seed capital, early-stage tokens, and liquid tokens, among other assets, the source said.

Pantera previously attempted to raise $1.25 billion for a second blockchain fund in September 2022. The source noted that the $1.25 billion fund and the $1 billion Pantera Fund V are separate. Pantera holds $5.2 billion in assets under management across three funds. Meanwhile, Pantera has invested in more than 180 startups to date. In this space, he is one of the most active cryptocurrency investors.

Pantera Capital has acquired more Solana (SOL) tokens through FTX's ongoing asset liquidation. This acquisition is part of a larger effort to sell $2.6 billion worth of Solana tokens, a significant portion of which has been sold in previous auctions. The price per token in this particular auction was not disclosed. However, it is higher than previous sales despite its association with FTX, according to sources. The giant investment firm bought around 2,000 SOL tokens in the sale.

Pantera Capital invests in web3 gaming firm InfiniGods

The investment firm took part in an $8 million Series A funding round for InfiniGods. Pantera Capital led this funding round. Pantera Capital praised the InfiniGods team's efforts in web3 mobile gaming. He said that InfiniGods is transforming web3 mobile gaming into a more inclusive and accessible technology platform.

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