Blockchain investment firm Pantera Capital recently launched its third cryptocurrency fund. Known as Venture Fund III, the company completed all necessary filings with the U.S. Securities and Exchange Commission (SEC) last Wednesday, and the event is already making impressive headway in the cryptocurrency space. So far, the fund has garnered over $71 million from roughly 90 different investors.But this capital is just a small fraction of what the fund’s executives feel it can accrue. Firm partner Paul Veradittakit explains that the company expects to bring in approximately $175 million in funding, which would be the highest monetary allocation in Pantera Capital’s history. Veradittakit explains that the target amount is a “function of how fast the space is moving, the talent coming in, the opportunities, and the sizing of rounds.”“With more interesting later-stage investments [on our radar] too, we want to be flexible and able to move with the market,” he continued. Pantera representatives say they’re planning to use the money to invest in Bakkt, a new platform from the Intercontinental Exchange (ICE). Set to launch this November, Bakkt’s primary goal is to assist retailers in buying, trading and selling digital currencies. Pantera’s work with Bakkt would make it a founding investor. Pantera Capital has developed an impressive reputation in the cryptocurrency space. During its five year lifespan, the co... For Further Information Click on Below Button