Quick Take Founded in 2003 by Dan Morehead, Pantera Capital was initially a traditional hedge fund focused on global macro trends. However, the firm shifted its focus to digital assets and blockchain technology in 2013 DeFi is the most popular category in Pantera’s portfolio, but the fund applies a diversified approach to crypto investing The firm has invested in at least 171 startups and protocols across ten categories, which The Block has mapped out
