Pantera Capital Bets $300 Million on Crypto Treasury Companies

Main Idea
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Description
Pantera Capital has invested $300 million into a growing sector of the digital asset market — crypto treasury companies — betting that their yields will outperform traditional crypto exchange-traded funds (ETFs). In a statement on Tuesday, Pantera general partner Cosmo Jiang and content head Erik Lowe said they believe digital asset treasuries (DATs) can generate higher returns by growing net asset value per share, leading to increased underlying token ownership over time. “Owning a DAT could of...
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