In this article, we will explore how Labs 15m Pantera TheBlock plans to use the new funding to expand globally, start a professional aggregation service, and launch a trading desk. The company also plans to develop an API that will power popular exchange applications. The company previously raised $11 million in a seed round led by Alphabet, and has worked with several large financial services firms. Now, it plans to extend its service to hedge funds.
Labs 15m Pantera TheBlock Raises $15 Million
Pantera TheBlock, the startup behind the 0x exchange protocol and decentralized exchange infrastructure, has raised $15 million from Pantera Capital as part of its Series A funding round. The new funding will be used to further develop the company’s platform and add support for other blockchains. Initially the company will focus on developing its matching protocol and aggregation API. It will also expand its service to hedge funds and other financial institutions.
Arcade and Franklin Templeton
Labs 15m Pantera Theblock, Arcade and Franklin Templeton Blockchain Fund all contributed to the funding round. The company supports NFT as collateral for loans and is developing an application that connects lenders with borrowers. It also supports ERC20 tokens, which are fully compatible with the Ethereum platform.
The latest funding will be used to expand the platform’s key features and make it easier to use. Panther will also add more intelligent features and make the platform more portable.
Plans to Raise $100 Million More in Funding
Labs 15m Pantera Theblock is looking to expand across the globe. With the new funding, the company is planning to expand its aggregation platform and build out a matching protocol. It also plans to launch a trading desk business. It will also continue to build out its API, which powers many popular exchange applications. It previously raised $11 million in a seed round led by Alphabet. The company has partnered with large financial services firms and hedge funds.
Labs 15m Pantera Theblock has partnered with Injective Labs to build a blockchain optimized for financial applications. The company is now raising a total of $1.5 billion. Pantera’s latest funding round is led by Jump Crypto and BH Digital. Jump Crypto is the crypto arm of investor Alan Howard. It will help the startup diversify its ecosystem by working with developers and adding new products.
Pantera Capital is also planning to raise another $100 million to further grow its blockchain investments. The new fund will invest in a variety of blockchain companies, including Web3 gaming, exchanges, and decentralized finance. The fund’s goal is to close the second blockchain fund by the end of May.
Plans to Launch Professional Aggregation Service
Pantera Labs, the startup behind the decentralized exchange protocol, has raised $15 million in a Series A equity round led by Pantera Capital. The new funding will help Pantera accelerate its global expansion plans and expand its team and infrastructure. The company also plans to introduce new features, including a decentralized exchange API.
Blockchain-Focused Institutional Investor
Pantera Capital, a blockchain-focused institutional investor, has invested $15 million in Pantera Labs, the company behind the ZRX token and the decentralized exchange protocol. The company plans to use the funding to expand its international operations, launch a trading desk, and further develop its open-source protocol.
Pantera Capital focuses on decentralized products and technologies and has recently invested in the Balancer exchange app. The company has also been vocal about the potential of Bitcoin and has predicted a bull market in the digital currency as early as September 2020. Pantera Capital has no plans to stop investing in decentralized products and services. It plans to invest in more companies in the space, including professional aggregation services.
Plans to Launch Trading Desk
Pantera has invested in 0x Labs, a company behind the decentralized exchange protocol and ZRX token. In late August, the two companies announced a $15 million Series A round. The funds will be used to further develop the product and add support for more blockchains. The company also plans to expand its service internationally, while simultaneously building an API to power popular exchange applications.
The funding round is led by Pantera Capital. Pantera is already a major player in the crypto industry, having invested in companies such as Pantera Exchange, Pantera Labs, and Balancer. The firm has been extremely vocal about the potential of Bitcoin, even predicting a bull market in the digital currency as early as September 2020. While Pantera Capital plans to continue this investment strategy, it also intends to launch a trading desk and a professional aggregation service.
Pantera plans to invest in companies that are developing blockchain technologies. The company plans to develop a trading desk, as well as a professional aggregation service, based on the 0x Protocol. This protocol enables peer-to-peer trading on the Solana and Ethereum blockchains. It’s already used by Coinbase’s NFT marketplace. Moreover, the protocol is open source and decentralized, making it easier for anyone to build financial applications.