TechFlow News — According to Pantera Capital’s January investor call, its Liquid Token Fund lost 80% in 2022, with nearly 23% of that decline occurring in November following the collapse of FTX. However, Joey Krug, co-CIO of Pantera, said the fund has partially rebounded this month, rising over 47%.
The top three best-performing assets in the fund during November were Cosmos’ ATOM token, Chainlink’s LINK, and Optimism’s OP, while UNI, SOL, and ETH performed the worst. Pantera held a position in Solana and sold “a lot” immediately after news of FTX’s troubles emerged.
Pantera’s Liquid Token Fund is a “multi-strategy vehicle that typically invests in 15–25 liquid tokens at any given time.” At the time of the call, the fund managed $198 million in assets and held 13 tokens in its portfolio.Source
