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Pantera Capital Loses Another Senior Exec as Crypto Hedge Fund’s CFO Departs: Source

Ryan Davis is leaving and Matt Gorham, a long-time Pantera employee, will temporarily fill the job as the senior-executive exodus continues.

Pantera CEO Dan Morehead (CoinDesk)
Pantera CEO Dan Morehead (CoinDesk)

The executive exodus from cryptocurrency hedge fund and venture-capital investor Pantera Capital continues.

Chief Financial Officer Ryan Davis is leaving, according to a person with knowledge of the matter. Matt Gorham, a Pantera strategic adviser with ties to the 19-year-old company dating back to its pre-crypto days, will fill in for him during the search for a permanent replacement, said the person, who added that Davis will remain with Pantera during a temporary transition period.

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A Pantera spokesman declined to comment. Davis didn’t respond to a request for comment.

His departure follows the exit of Chief Technical Officer Terence Schofield, Chief Operating Officer Samir Shah and other employees.

Read more: Pantera Capital’s Exodus Broader Than Previously Reported: Sources

Pantera is a large player in crypto investing and venture capital. Its assets under management stand at nearly $5 billion after the company raised $2 billion in new capital over the past 18 months, according to the person familiar with the matter.

Nick Baker

Nick Baker was CoinDesk's deputy editor-in-chief. He won a Loeb Award for editing CoinDesk's coverage of FTX's Sam Bankman-Fried, including Ian Allison's scoop that caused SBF's empire to collapse. Before joining in 2022, he worked at Bloomberg News for 16 years as a reporter, editor and manager. Previously, he was a reporter at Dow Jones Newswires, wrote for The Wall Street Journal and earned a journalism degree from Ohio University. He owns more than $1,000 of BTC and SOL.

Nick Baker