Pantera Capital reveals investment of over $300 million in digital asset custody firm

According to ChainCatcher, The Block reports that Pantera Capital’s latest blockchain letter reveals the company has invested over $300 million in Digital Asset Treasury (DAT) companies. These companies hold substantial amounts of crypto assets and increase per-share token holdings through yield strategies. BitMine Immersion, a key holding for Pantera, became the world’s third-largest DAT company after launching its Ethereum vault strategy, holding 1.15 million ETH with a market value of approximately $4.9 billion. These DAT companies primarily hold crypto reserves on their balance sheets.

Pantera has recently established two dedicated DAT funds, with a total fundraising scale exceeding $100 million. Its DAT investment portfolio covers eight tokens, including Bitcoin, Ethereum, and Solana, with investments spanning the United States, the United Kingdom, Israel, and other regions.