15m Series Pantera CapitalMcsweeney TheBlock new series of investments will dive into consumer use cases, the intersection of traditional finance and DeFi, and the continued global institutionalization of this space. The firm will also invest in NFT marketplaces, platforms, and developer tools. Unstoppable Domains, a new investment vehicle, is also part of the new fund.
Institutional Asset Manager
15m Series Pantera CapitalMcsweeney TheBlock is an institutional asset manager that specializes in the blockchain industry. The firm currently manages five separate funds. Its newest fund, the Pantera Blockchain Fund, will launch in June 2021 and will invest in venture equity, early stage tokens, and liquid digital tokens. The fund is open to qualified purchasers and has a minimum investment of $1 million.
The fund’s investments will target enterprise projects that are solving problems related to the core technology. One example is Synthetic Minds, which makes it easier for developers to deploy and build smart contracts. Smart contracts are notorious for being vulnerable to bugs that can cause funds to be stolen. Bugs in smart contracts have led to the loss of as much as four million ETH, which is why a solution is necessary. The current solution is to pay bounty programs for bug discovery, but this is inefficient and costly. Additionally, humans tend to miss bugs.
Block Chain Gaming & NFT Startups
15m Series Pantera CapitalMcsweeney TheBlock has announced plans to invest in blockchain gaming and NFT startups. The firm will invest in early stage deals and private tokens in 2023 and then return with a larger growth-stage fund in 2024. The firm plans to explore the blockchain gaming, NFT, and metaverse industry to meet its investment goals.
The company has raised $24 million in its Series A funding round led by a16z. The company is working on games with blockchain elements and also is developing a new franchise. Company has 42 employees and a blockchain gaming platform. Its CEO is a former producer at Rockstar Games. It will focus on creating high-quality games with blockchain elements.
Crypto Currency Gaming
The 15m Series Pantera CapitalMcsweeney TheBlock Blockchain Fund has invested in 44 early stage token projects and also 26 venture equity deals, including VALR, a South African cryptocurrency exchange that raised $50 million in its Series A funding round this week. Pantera has a special focus on blockchain gaming, NFTs, and the metaverse. Its portfolio also includes Web3 gaming infrastructure platform GuildFi.
Pantera is investing in several projects, including blockchain-based social world and trading role-playing games. It is also investing in developer tools and also marketplaces. It also plans to expand its investment opportunities into the blockchain gaming, NFT, and metaverse industries.
Pantera Capital recently invested in decentralized exchange aggregator application 1inch. The company has over $100 billion in volume on the Ethereum blockchain and is targeting institutional clients. The company will use the funding to expand its infrastructure and also grow its client base. The investment was led by Pantera and Nima Capital. The company will launch its first product, the 1inch Pro, by the end of 2022.
Pantera’s Blockchain Fund will invest in early-stage companies and private tokens. After that, the firm plans to return with a larger growth-stage fund in 2024. The group is also exploring the emerging blockchain gaming, NFT, and the metaverse industries.
Pantera Capital Raised $15m in a Series A Funding Round
The startup behind the decentralized exchange protocol ZRX has raised $15 million in a Series A funding round led by Pantera Capital. The funds will help the company expand its global expansion plans and develop its decentralized exchange API. This API will help developers build exchange functionality into their applications. The startup will use this money to develop new features and hire additional team members.
The Pantera began production in 1969. The car featured a high compression Ford 335 Cleveland V8 engine. Originally designed for non-US markets, the engine produced 330bhp and was capable of 160 mph. It was limited in space and had a maximum practical driver’s height of six feet. If the driver was taller than this, he would have to modify the car.
The Pantera 90 Si was a highly modified version of the car. It was based on the road car’s steel monocoque chassis, but its suspension was significantly altered to improve handling on the race track. It used Koni adjustable shocks to accommodate wider Campagnolo wheels. The car also received a quick ratio steering rack and Girling ventilated brakes. The car also featured a restyled body shell and aluminium doors. Its wheels had wider 345/35 VR15 tires.
With this new round of funding, Pantera plans to expand its platform globally, launch an aggregation service, and develop an open API. It has already secured partnerships with large financial services companies, including Google and Alphabet. In addition to this, the company also plans to expand its services to hedge funds and other institutional investors