15m Series Pantera CapitalMcsweeney Theblock Announces $15 Million Series A Funding Round
A new 15m Series Pantera CapitalMcsweeney Theblock A round has been led by Pantera Capital McSweeny. The company plans to use the funds to improve and expand its platform and network. Currently, it has an API service for searching Matcha tokens, and plans to incorporate additional chains and invest in cross-chain functionality. It also plans to extend its 0x API service, which powers the ShapeShift exchange.
15m Series Pantera CapitalMcsweeney
15m Series Pantera CapitalMcsweeney Theblock has led a $12 million debut funding round for Aurora, a blockchain bridge for the NEAR blockchain that provides Ethereum compatibility and scalability for NEAR smart contracts. In addition, Pantera also invested in Arbitrum, a leading layer-two scaling solution that powers some of the largest decentralized applications. Pantera also leads or co-leads several decentralized gaming and metaverse deals. Overall, the firm has led or co-led 24 deals in the sector.
15m Series Pantera CapitalMcsweeney Theblock led the $15 million Series A equity round for 0x Labs, the company behind the 0x exchange protocol. The company will use the funding to expand its network and platform. In addition, the company will invest in cross-chain functionality and extend its 0x API service. Currently, the company is valued at more than $1 billion.
15m Series Pantera CapitalMcsweeney Theblock is a venture capital firm that prefers investing in seed, early and later-stage companies. Its preferred areas of investment are media, blockchain, big data, and fintech.
Pantera TheBlock led a $15 million Series A round for 0x Labs, a startup building a decentralized game engine. The VC firm was one of the first to back the startup, and has invested in over 24 companies in the blockchain and NFT space.
The new funding round will help 0x Labs build and launch their cryptocurrency exchange. This funding comes at a crucial time for the decentralized exchange protocol. January was the busiest month for new ICOs and decentralized exchanges. Pantera Capital’s investment is expected to help 0x reach its full potential.
Decentralized Exchange Infrastructure
The startup is focusing on scaling its product, adding more features and expanding its decentralized exchange infrastructure. With the money raised, it will expand its platform and support for additional blockchains. It will continue to add new features and support for NFT swaps. Pantera Capital will help the startup spread its platform globally.
15m Series Pantera CapitalMcsweeney Theblock has led a $15 million Series A funding round for 0x Labs, the startup behind the 0x exchange protocol. The startup will use the funds to expand its platform and add new features. Already it has a service to search for Matcha tokens, and it plans to add additional chains and improve cross-chain functionality. It will also extend its 0x API service, which powers the ShapeShift exchange.
Institutional Asset Manager
Pantera Capital is an institutional asset manager focused on blockchain technology and has five funds. The new blockchain fund will be launched in June 2021 and invest in equity companies and early-stage digital tokens. It will be open to qualified buyers only, and the minimum investment amount is $1 million.
Pantera Capital’s investment comes at a good time for decentralized exchanges. During January, the market for these platforms saw its highest volume in a single month. This means that these exchanges are catching the attention of a small, but growing segment of the market.
Plans to Raise $1.25 Billion for a Second Blockchain Fund
Pantera Capital, a blockchain investing company that has been operating since 2013, has announced plans to raise $1.25 billion for reinvesting in blockchain companies. The company previously announced plans to raise $600 million for its first blockchain fund, but has since received more than $1 billion in commitments. Its second fund is expected to close in May 2020.
Pantera Capital has been busy with its recent round of funding. The company recently announced a Series A round of funding led by Dragonfly Capital and Ribbit Capital. Other investors in the round included K5 Global, FTX Ventures, and Sky9 Capital.
Pantera is not the only blockchain startup looking to raise money. Its new fund will focus on projects that will accelerate the transition to the blockchain. The company also plans to develop a blockchain infrastructure to help DAOs achieve their goals. It will help these projects raise funds by providing access to liquidity to investors.