Pantera Capital is raising over $1 billion for a new crypto fund.
The investment company is channeling funds towards an infrastructure play on Solana.
VCs target Solana-based projects including HNT, HONEY, W, and JUP.
Pantera Capital is raising over $1 billion for a new crypto fund, Pantera Fund V. Crypto analyst and host of the Discover Crypto YouTube channel sees this as a bullish sign for Solana and the altcoins involved. The analyst pointed out that Pantera Capital gives investors exposure to startup equity, early-stage tokens, and liquid tokens.
In a podcast, the host noted that Pantera Capital is going beyond buying crypto assets and waiting for their prices to increase. According to the analyst, the investment company is channeling funds towards an infrastructure play on Solana. He linked the latest process to the firm’s earlier investment move, Pantera Find IV, where the company bought Solana, conditioning investors to a vesting period of up to four years.
Considering the fund’s investment pattern, the analyst believes Pantera would support Solana and the builders in its ecosystem to ensure growth. He expects Pantera and other Venture Capitalists…
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