One of the partners of the giant company, which recently announced that it will establish a $ 1.25 billion cryptocurrency fund, made a statement.
According to Franklin Bi, a general partner at Pantera Capital, the recent approval of spot Bitcoin ETFs in the US has significantly validated the cryptocurrency industry. The crypto venture capital firm is currently raising a new mega fund worth $1.25 billion.
While Bi declined to comment specifically on Pantera's new fund, he stated in an interview that the current climate is conducive for venture firms to raise new capital and position themselves to support new ventures.
Source - BitcoinSistemi
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