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Pantera Capital invests over $300 million in digital asset treasury companies

Source
YM Lee

Summary

  • Pantera Capital announced it has invested over $300 million in digital asset treasury (DAT) companies.
  • Pantera explained that holding equity in DAT companies has higher return potential than holding tokens or ETFs.
  • They reported that major tokens held by DAT firms in their portfolio include 8 types, such as Bitcoin, Ethereum, and Solana.
Dan Morehead, Founder of Pantera Capital / Source=CNBC screencap
Dan Morehead, Founder of Pantera Capital / Source=CNBC screencap

Global cryptocurrency venture capital firm Pantera Capital announced that it has invested over $300 million in digital asset treasury (DAT) companies.

According to The Block on the 13th (local time), Pantera Capital explained via its official channel, "Digital asset treasury companies can generate returns that increase their net asset value per share, and over time, this enables them to secure more underlying token ownership than simply holding spot assets. Holding equity in DAT companies may have higher return potential than holding tokens or ETFs."

Currently, Pantera’s DAT portfolio includes Bitmine Immersion, TwentyOne Capital, DeFi Development, Sharplink Gaming, Sasma Technology, Verve Technology, CEA Industry, and Mill City Ventures, and the tokens held by these companies include 8 types such as Bitcoin, Ethereum, Solana, Binance Coin, Toncoin, HyperLiquid, Sui, and Etena.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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