💰 Crypto firm Pantera Capital is looking to raise up to $175 million for a new venture fund

Pantera Capital, a crypto investment firm, is looking to raise up to $175 million for its third venture fund — an enormous jump from the $25 million it deployed for its second venture fund and its $13 million debut venture fund, which it closed in 2013. A newly processed SEC filing shows it has so far rounded up more than $71 million in capital commitments from 90 investors as a first close for the evergreen vehicle.

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