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Pantera Capital's Early-Stage Token Fund is Down 71% This Year

1 min read

Oct 28 (The Block) - Investment firm Pantera Capital's early-stage token fund has lost nearly three-quarters of its value this year amid a bloodbath in crypto markets. 

The fund is down 71% through the end of September and it charges a 3% management fee with a 30% performance fee. 

Pantera is one of the oldest investment firms in the crypto industry, having been founded in 2013. The early-stage token fund launched in 2017 with a strategy that provides investors exposure to tokens with liquidity horizons of one to three years, according to the document.

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