Share this article
BTC
$82,387.63
-
0.56%ETH
$1,753.35
-
1.97%USDT
$0.9994
-
0.03%XRP
$2.0651
-
3.30%BNB
$580.04
-
2.26%USDC
$0.9998
-
0.02%SOL
$114.64
-
2.97%DOGE
$0.1607
-
4.31%TRX
$0.2392
+
0.42%ADA
$0.6231
-
4.24%LEO
$9.0377
+
0.85%TON
$3.2884
+
1.62%LINK
$12.16
-
4.18%XLM
$0.2481
-
2.20%AVAX
$16.97
-
5.52%SHIB
$0.0₄1181
-
2.98%SUI
$2.0892
-
4.88%HBAR
$0.1536
-
3.88%OM
$6.1867
-
0.22%LTC
$78.60
-
4.92%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Investment Platform Yieldstreet Adds Crypto Access With Pantera Capital Partnership
The Pantera Early Stage Token Fund I is expected to raise $20 million, said Yieldstreet.
Yieldstreet, an online platform offering investors access to alternative investments like real estate and art, has announced its first-ever crypto fund in partnership with noted venture capital firm Pantera Capital.
- Investors would gain exclusive access via Yieldstreet to the Pantera Early Stage Token Fund I, which makes direct investments in pre-ICO tokens. Yieldstreet expects to raise approximately $20 million for the fund, a spokesperson told CoinDesk in an email.
- Prior investments for the fund have included cross-chain interoperability platform Polkadot and Ethereum Virtual Machine Aurora.
- New York-based Yieldstreet plans to launch additional offerings with exposure to the Pantera fund approximately every quarter to allow for repeat investments.
- Founded in 2015, Yieldstreet said the platform has seen over $2.9 billion in investments from more than 360,000 investors.
- Pantera was founded by Tiger Management alum Dan Morehead in 2003, and the firm had grown to $5.6 billion in assets under management by the end of last year. Its investment portfolio includes payments company Circle, crypto exchange Coinbase and Ripple, issuer of the XRP cryptocurrency.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Read more: Pantera Adds $46M in Investments to Bitcoin Feeder Fund
Brandy Betz
Brandy covered crypto-related venture capital deals for CoinDesk. She previously served as the Technology News Editor at Seeking Alpha and covered healthcare stocks for The Motley Fool. She doesn't currently own any substantial amount of crypto.
