Pantera Capital Partners LP
Pantera Capital Partners LP is a U.S.-based hedge fund and asset manager headquartered in San Francisco, California. Founded in 2013, Pantera is recognized as the first institutional asset manager in the U.S. focused exclusively on blockchain technologies and digital assets. The firm manages multiple funds with a total AUM of approximately $4.7 billion as of August 2025, operating with a team of investment professionals dedicated to blockchain and cryptocurrency markets. Pantera serves institutional investors, high net-worth individuals, and other qualified clients interested in exposure to blockchain, crypto venture equity, tokens, and related digital asset strategies.
Investment Strategy
Pantera Capital Partners LP employs a multi-strategy investment approach focused on the blockchain and digital asset sectors. Its strategies include venture equity investments in blockchain startups, early-stage and private token acquisitions, and trading of liquid digital assets such as Bitcoin and Ethereum. The firm leverages its technical expertise to identify early-stage protocols and private blockchain opportunities, often leading funding rounds and participating in co-investments. Pantera's funds allow investors to gain exposure across the blockchain value chain, with options for pure venture, private token, and liquid token strategies, seeking to exploit market inefficiencies and value swings between public and private markets.
Top Holdings
Equity Positions (6)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
C CEP | CANTOR EQUITY PARTNERS INC | 35.36% | $111.2M | 4,000,000 | $27.79 | $27.79 | +$111.2M |
C CRCL | CIRCLE INTERNET GROUP INC | 25.54% | $80.3M | 442,898 | $181.29 | $181.29 | +$80.3M |
B BITB | BITWISE BITCOIN ETF TR | 23.11% | $72.7M | 1,240,000 | $50.85 | $58.59 | -$66.0M |
A ASST | ASSET ENTITIES INC | 8.84% | $27.8M | 7,407,407 | $3.75 | $3.75 | +$27.8M |
D DFDV | DEFI DEVELOPMENT CORP | 5.88% | $18.5M | 862,659 | $21.44 | $21.44 | +$18.5M |