TechFlow news, according to CoinDesk, Pantera Capital, a well-known venture capital firm, revealed during an investor conference call that its first blockchain fund will cease fundraising within three to four weeks, with committed capital reaching approximately $1.3 billion, more than doubling its initial target of $600 million.
Franklin Bi, Director of Portfolio Development at Pantera Capital, also disclosed that the firm plans to launch a second blockchain fund in 2023, continuing to focus on early-stage investments, token financing, and venture capital. In 2024, Pantera Capital will introduce a larger, more diversified growth fund with a longer investment horizon.
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