Quick Take
- Founded in 2003 by Dan Morehead, Pantera Capital was initially a traditional hedge fund focused on global macro trends. However, the firm shifted its focus to digital assets and blockchain technology in 2013
- DeFi is the most popular category in Pantera’s portfolio, but the fund applies a diversified approach to crypto investing
- The firm has invested in at least 172 startups and protocols across ten categories, which The Block has mapped out
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