VC firm
Pantera Capital
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- San Francisco, CA, United States
- Founded
- 2003
- Assets under management
- $3.5BStated by firm, as of 2026-09-18Source (opens in a new tab)
- Funds
- 18
- Legal name
- PANTERA CAPITAL PARTNERS LP
- panteracapital.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Blog (opens in a new tab)
- Team page (opens in a new tab)
Record updated 29 September 2026
About
Pantera Capital was founded in 2003 by former Tiger Management Head of Macro Trading and CFO Dan Morehead. In 2013 Pantera launched the first cryptocurrency fund in the U.S. and the first blockchain-focused venture fund; in 2017 it launched the first early-stage token fund in the U.S. The site states $3.5bn in assets under management, 4 fund strategies, over 100 venture investments and 110 early-stage token investments, with the firm leading about 75% of its Blockchain Fund deals and 47% of invested capital outside the U.S.
Investment approach
- Thesis
- Pantera’s competitive edge is built on thought leadership, technical talent, and years of investing exclusively in blockchain assets.Source (opens in a new tab)
- Leads rounds
- Sometimes
- Lead policy
- Our long standing reputation and technical edge allows us to see virtually every deal in the market, and lead about half of our portfolio company investments.
- Takes board seats
- Yes
- Board policy
- He serves on the boards of Bitso, Azra Games, Pintu, MakersPlace, InfiniGods, Mezo, and Helika.
- Investing status notes
- Homepage banner links to an "AUGUST 2026 BLOCKCHAIN LETTER" and states current fund figures ("Pantera at a glance ... Figures are estimated and unaudited as of March 31, 2026"); copyright reads "© 2026 Pantera Capital."
Funds
- PANTERA SOLANA FUND LP
- Main fund
- PANTERA BLOCKCHAIN VENTURE FUND LP
- Main fund
- PANTERA VENTURE FUND III A LP
- Main fund
- PANTERA EARLY-STAGE TOKEN FUND LP
- Main fund
- PANTERA LIQUID TOKEN FUND LP
- Main fund
- PANTERA OPPORTUNITIES MASTER FUND SP WLD
- Opportunity
- PANTERA BITCOIN FUND LTD.
- Main fund
- PANTERA TOKEN-25 MASTER FUND LP
- Main fund
- PANTERA EARLY-STAGE TOKEN FUND II LP
- Main fund
- PANTERA BLOCKCHAIN FUND LP
- Main fund
- PANTERA VENTURE FUND LP
- Main fund
- PANTERA VENTURE FUND III LP
- Main fund
- More funds
- 6 more recorded
SEC registration
- Registered adviser
- PANTERA CAPITAL PARTNERS LP
- CRD number
- 284342 (opens in a new tab)
- SEC file number
- 801-113456
- Registration
- SEC registered
- Regulatory AUM
- $4Bas of 2026-03-31
- Private funds reported
- 18
- Principal office
- SAN FRANCISCO, CA, United States
Locations
- Office
- NEW YORK
- Office
- SAN FRANCISCO
- Office
- SAN JUAN