The funding round also saw participation from Two Sigma Ventures, Jump Capital, Hashed, The Spartan Group, and several other investors.

M^ZERO, a new decentralized infrastructure layer for digital asset value transfer, has raised $22.5 million in a seed round led by Pantera Capital. The platform, which aims to take an institutional-grade approach to DeFi, was founded by players with backgrounds in both traditional finance and decentralized communities, such as MakerDAO. M^ZERO aims to create a neutral infrastructure for institutional value transmission, with an open architecture that could potentially act as a connector to existing DeFi platforms. The platform is targeting large and sophisticated institutions for its initial distribution of a governance token, and aims to go live by the end of this year.

MicroStrategy buys another 1,045 Bitcoin for $29.3 million, taking its total holdings to 140,000 BTC worth over $12.6 billion.

Crypto investment firm Pantera Capital invested $10 million in Worldwide Webb, a web3 massively multiplayer online role-playing game (MMORPG), for its Series A round. 

Pantera Capital looks at Bitcoin’s current position in a recent newsletter and suggests that the crypto is entering a new bull cycle. So, what signaled the arrival of a seventh bull cycle for BTC?

Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and “we’re in the next bull market cycle.” Dan Morehead, the firm’s founder and managing partner, noted: “Over the long-term, bitcoin price has been in a secular uptrend of 2.3x annually over the past twelve years, on average.”

Crypto-focused venture capital and investment giant Pantera Capital has reorganized its leadership, with the departure of co-Chief Investment Officer Joey Krug and the formation of an executive management committee, according to a letter sent out to limited partners on Friday.

The liquid token fund of crypto-focused venture capital firm Pantera Capital was down 80% during 2022, taking a nearly 23% hit in November alone after the implosion of centralized exchange FTX. By comparison, the Bloomberg Galaxy Crypto Index was down roughly 27% for the year. Pantera’s fund has rebounded a bit this month with an over 47% gain, according to a January investor call uploaded to YouTube.

Crypto-focused venture capital firm Pantera Capital, which has about $3.8 billion in assets under management, has summed up its 2023 forecast and the future is decentralized finance (DeFi).

In the midst of the crypto bear market, startup Obol Labs has raised $12.5 million in venture funding to build out decentralized validator technology (DVT), a kind of tech that it believes solves some of the biggest pain points for Ethereum’s new validator class.