New $1 billion fund from Pantera Capital: Artificial intelligence-crypto combine

Pantera Capital, one of the leading companies investing in cryptocurrencies and blockchain technology, will launch a new crypto fund worth $ 1 billion. It is expected that $200 million of the fund will be invested in artificial intelligence-related crypto projects.

Cosmo Jiang, one of Pantera Capital's portfolio managers, announced the company's $1 billion crypto fund in an interview. Jiang made important remarks, stating that especially the fields of artificial intelligence and blockchain/crypto will come together.

“Every crypto company will turn into an artificial intelligence startup”

Speaking in an interview with DL NEWS, Jiang said that everyone will start using artificial intelligence in the coming period and used the following statements:

“In 10, 15, 20 years from now, everyone will be using artificial intelligence. Investing in an artificial intelligence company will be commonplace. "It will be considered as natural as having a website for the company you invest in."

Stating that they invested 15 to 20% of the investment they collected in a previous fund in artificial intelligence-related crypto projects, Pantera manager informed that they will close the first round of the 1 billion dollar fund in 2025:

“In one of the previous funds, we invested 15 to 20% of the capital in AI-focused crypto/blockchain projects. The new fund will give more. We expect to complete the fund's first investment round in 2025. “I cannot say that this number will be exact, but when we look at it mathematically, it seems logical.”

A while ago, Pantera also invested in Nexus Laboratories, a company that focuses on zero-knowledge proof verification and receives artificial intelligence support. The $25 million investment round also included Dragonfly Capital, Faction Ventures and Blockchain Builders Fund