United States · Investor

Pantera Capital

Last cheque observed Oct 2026; 196 cheques on record.

Deploying nowNew fund $29M, Oct 2026VC firm

Pre-seedGrowthPre-IPODefiTokenBlockchain

Deploying now
51%of best year22cheques in 12 months, 196 on record
Since the last cheque16days00hrs00min00sec
Median round$13MCheque size, as they say$5.0M – $100MRounds led17 of 196Sole investor4 roundsMostly inUnited States, 81%
Pitch Pantera Capital

Pantera Capital highlights

  1. 01

    22 cheques in the last 12 months

  2. 02

    Mostly Seed and Series A: 59% of its rounds

  3. 03

    Sole investor in 4 rounds, median $10M

What they do

First U.S. institutional asset manager focused exclusively on blockchain technology. Since 2013, Pantera has invested in digital assets and blockchain companies, providing investors with the full spectrum of exposure to the space.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$5.0M – $100M as they say
Stages
Pre-seedGrowthPre-IPO
Sectors
DefiTokenBlockchain
Based in
Menlo Park, United States
Cold pitches
Not accepted

The record

Every round we can evidence, newest first196 appearances

  1. 2026

    17 rounds

  2. Oct
    FissionSeries A · US · Fintech Global$10MLed
  3. Oct
    MeanwhileSeries B · BM · Pulse 2.0$38MWith 6 others
  4. Sept
    DyadSeries A · GB$10MWith 1 other
  5. Jul
    WorldUS · TechCrunch$53MLed
  6. Jul
    EDX MarketsSeries C · US · TechStartups$76MWith 3 others
  7. Jun
    OrthogonalSeed · US$4.3MWith 2 others
  8. Jun
    TurboFlowSeed · HK$6.0MWith 1 other
  9. May
    ZcashVenture · USUndisclosedWith 3 others
  10. Mar
    OpenFXSeries A · Ventureburn$94MWith 7 others
  11. Mar
    NitraSeries B · US · Ventureburn$187MWith 21 others
  12. Mar
    VastSeries A · US · Ventureburn$500MWith 7 others
  13. Mar
    Empery DigitalUS$25MWith 1 other
  14. Feb
    BasedSeries A · Ventureburn$12MLed
  15. Feb
    NovigSeries B · US · Ventureburn$75MLed
  16. Feb
  17. Feb
    BakktUS$48MWith 3 others
  18. Jan
    SentientVenture · USUndisclosedWith 5 others
  19. 2025

    38 rounds

  20. Dec
    SurfSeed · US · Ventureburn$15MLed
  21. Dec
    FinSeries A · US$17MWith 3 others
  22. Dec
    SEGG MediaUS$2.5MWith 2 others
  23. Nov
    RippleGrowth · US · Crunchbase News$500MWith 9 others
  24. Nov
    Azra GamesVenture · US$19MWith 4 others
  25. Oct
    AccountableSeries A · Ventureburn$7.5MLed
  26. Oct
    EvernorthVentureburn$1.0BWith 5 others
  27. Oct
  28. Oct
    TransCryptsSeed · US · Ventureburn$15MLed
  29. Oct
    CoinflowSeries A · US · Ventureburn$25MLed
  30. Oct
    MeanwhileSeries B · BM · TechStartups$82MWith 7 others
  31. Oct
    Bee MapsSeries A · Ventureburn$32MLed
  32. Oct
    SharpLinkUS$77MWith 3 others
  33. Sept
    RaikuSeed · Ventureburn$11MLed
  34. Sept
    M0Series B · Ventureburn$40MWith 4 others
  35. Sept
    aPrioriSeries A · US · Ventureburn$20MWith 5 others
  36. Sept
    Satsuma TechnologyDebt · GB$108MWith 3 others
  37. Sept
    CleanCore SolutionsUS$175MWith 2 others
  38. Sept
    Solana CompanyUS$500MWith 2 others
  39. Aug
    M0Series B · CH$40MWith 5 others
  40. Aug
    TON Strategy CompanyUS$558MWith 3 others
  41. Aug
    MultipliVenture$5.0MWith 2 others
  42. Aug
    Subzero LabsSeed · US$20MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration12 named

DWDaniel Wayne MoreheadManager of a limited liability company that directly owns the General PartneriFiling they signed
GKGlenn KennedyExecutive OfficeriFiling they signed
KWKatrina W. PagliaChief Compliance Officer & Chief Legal OfficeriFiling they signed
KPKatrina Paglia SetrinChief Compliance OfficeriForm ADV
LWLars W. AhlstromChief Executive OfficeriFiling they signed
LVLisa VolekaertDirectoriFiling they signed
MAMarc Adam SelfonChief Financial OfficeriFiling they signed
MWMatthew W. GorhamChief Operating OfficeriFiling they signed
RWRyan W. DavisChief Financial OfficeriFiling they signed
SWScott W. LennonDirectoriFiling they signed
SWSteve W. WaterhouseChief Technology Officer & Partner of the Management CompanyiFiling they signed
TWTodd William SlatteryChief Operating OfficeriForm ADV

We also hold 55 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$4.0Bassets it managesOct 2026
5+funds on filenumbered funds in its name
Registeredinvestment adviserfull reporting to the SEC
Legal name
Pantera Capital Partners LP
SEC number
CRD 284342

Funds on its Form ADV

15 private funds, $4.6B in gross assets · filed Nov 2024

Hedge 11Venture 4

  1. Pantera Venture Fund III L.P.Venture304 investors$1.4B
  2. Pantera Blockchain Fund L.P.Hedge647 investors$1.2B
  3. Pantera Bitcoin Fund LTD.Hedge232 investors$412M
  4. Pantera Blockchain Venture Fund L.P.Hedge2 investors$346M
  5. Pantera Venture Fund II L.P.Venture53 investors$224M
  6. Pantera Liquid Token Fund L.P.Hedge782 investors$220M
  7. Pantera Early-Stage Token Fund L.P.Hedge470 investors$179M
  8. Pantera Venture Fund III A L.P.Venture78 investors$115M
  9. Pantera Solana Fund L.P.Hedge27 investors$110M
  10. Pantera Early Stage Token Master Fund L.P.Hedge191 investors$97M

And 5 more on the filing.

What they claim to have backed

From their own portfolio page (on their website)

0 of 3 we have independently watched raise

Hedge FundsSummitVenture Funds

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Pantera Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Pantera Capital put money into.

Mentioned on podcasts

Episodes that name Pantera Capital in their description, not their title.

Quick answers about Pantera Capital

What does Pantera Capital invest in?

Pantera Capital invests most often at Seed and Series A (59% of the rounds on record), in sectors such as Defi, Token and Blockchain.

How active is Pantera Capital?

196 investments on record, 22 of them in the last 12 months, and it led 17. The most recent was in Oct 2026.

What has Pantera Capital invested in recently?

Its most recent investments on record: Fission (Series A, Oct 2026), Meanwhile (Series B, Oct 2026) and Dyad (Series A, Sept 2026).

How big are Pantera Capital's cheques?

The median round it joins is $13M. It says it writes cheques of $5.0M to $100M.

Does Pantera Capital lead rounds?

Sometimes: it led 17 of its 196 investments on record (9%).

Where does Pantera Capital invest?

Most of the companies it backs are in the United States (81%), Bermuda (6%) and the United Kingdom (6%).

Is Pantera Capital investing now?

Yes: it is actively investing, with 22 investments in the last 12 months.

Who does Pantera Capital invest alongside?

Most often Coinbase Ventures (34 rounds together), Hashed (16 rounds together) and Digital Currency Group (15 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it