15m Pantera CapitalMcsweeney has raised $15M in Series A funding led by Pantera CapitalMcSweeney. Pantera’s flagship bitcoin fund has seen a return of 87.7% in 2019. The company hopes to expand its platform and expand its network. The startup already offers a Matcha token search service. But plans to integrate additional chains and extend its 0x API service.
Decentralized Exchange Infrastructure
15m Pantera CapitalMcsweeney, a company behind the 0x exchange protocol and provider of decentralized exchange infrastructure. Has raised $15 million in a Series A equity round led by Pantera Capital. The funding will help the company expand its global presence, launch a trading desk business, and further develop its open-source protocol. The company is also planning to expand its Matcha product to aggregate liquidity across multiple DEXs and provide the best possible price for traders. In addition, the company plans to expand its NFT swap support and develop an API to further build their platform.
The 15m Pantera CapitalMcsweeney Series. An investment in 0x Labs comes at a time when blockchain gaming startups are looking for additional capital to support their growth. Pantera Capital is a blockchain-focused institutional investor that has made significant contributions to the Ethereum protocol. Pantera Capital’s new fund will invest in early-stage digital tokens, as well as those that have the potential to become liquid. The fund will be open to accredited investors with an investment of at least $1 million.
Pantera Capital’s Flagship Bitcoin Fund
One of the oldest cryptocurrency fund managers, Pantera Capital, has outperformed the cryptocurrency market over the last year. Its flagship bitcoin fund has gained 87.7% in 2019, and has a history of 10,162% gains. That relative outperformance could be a sign that the crypto space is still nascent, and new institutional money will likely gravitate towards the oldest and biggest cryptos, such as Bitcoin.
Stock Market
Despite the ups and downs, the 15m Pantera CapitalMcsweeney flagship bitcoin fund has continued to gain market share. During the first three months of 2019, the fund has beaten the stock market by nearly three times. In addition, the fund’s investors are optimistic that the crypto currency will hit $67,000 by the end of the year. Pantera’s investment portfolio has a forward-leaning outlook, and includes such tech companies as Brave, a blockchain-based browser, and the Basic Attention Token (BAT).
Despite its high risk, Pantera Capital’s flagship bitcoin fund has performed well over the past few years. Over the last year, it has outperformed Bitcoin by 87.7%, outperforming the digital currency by nearly 70 percent. The fund is heavily geared toward Bitcoin, with just over two-thirds of its portfolio invested in bitcoin. Its fund has also experienced a few serious declines: in 2018 the fund was down by 75.6% and then climbed back to gain 87.7% in 2019. The fund has had a long history of success, holding bitcoin since 2013.
Pantera Labs Raised $15 Million in Series A Funding
Pantera Labs, the startup behind a decentralized exchange protocol, has raised $15 million in Series A funding led by Pantera Capital. The money will help the company accelerate its plans for global expansion. The funds will also be used to further build its team and infrastructure. The company hopes to raise $100 million by 2020:
- Pantera Labs, the startup behind the ZRX token and the 0x decentralized exchange protocol, has raised $15 million in Series A funding from Pantera Capital.
- The funds will help the company accelerate its global expansion plans and continue building out its team and infrastructure.
- Pantera’s $15 million Series A round comes after the company raised $8 million in a seed round led by Emigrant Bank.
- The money will be used to expand the company’s operations, create an app, and add new services.
Build a Trading Desk
The decentralized exchange protocol, Pantera, recently raised $15 million from Pantera Capital and plans to build a trading desk to expand globally. The startup also plans to continue building its team and infrastructure. The funding will allow Pantera to expand into a full trading desk and professional aggregation service.
Pantera plans to invest in digital assets with an asymmetric risk-reward tradeoff. The company is targeting early-stage tokens with one to three-year liquidity horizons.
Professional Aggregation Service
The startup behind the 0x decentralized exchange protocol and ZRX token has raised $15 million from Pantera Capital in a Series A round. With the new capital, Pantera plans to expand worldwide and create a professional aggregation service and trading desk. In addition, it plans to further develop its decentralized exchange API, which powers popular exchange apps such as ShapeShift and MetaMask.
Pantera plans to build a professional aggregatiion service that will serve institutional clients. It will also focus on developing an open-source protocol that is easy to use and will facilitate the aggregation process. The company plans to launch its service at the end of 2022.
Conclusion:
Pantera Capital is raising its second fund. It aims to close at least $200 million by May and provide limited partners exposure to three growth-stage deals. The company has already secured investments in two companies, Amber crypto investments gateway and an Indian cryptocurrency exchange. The new fund will be smaller than a typical growth fund.
