Pantera Capital ដើម្បីចាប់ផ្តើមមូលនិធិ Blockchain $1.25 ពាន់លានដុល្លារ

The American asset manager that specializes in cryptocurrencies – Pantera Capital – is looking to raise $1.25 billion for its second blockchain fund.

Not long ago, the head of the company – Dan Morehead – argued that the digital asset market had hit its bottom in June and a bull run is on the horizon.

‘Very Bullish’ for the Future

Pantera រាជធានី ណែនាំ its first cryptocurrency fund in August 2020, when it raised $165 million.

នៅក្នុងការថ្មីមួយ សំភាសន៍, CEO Dan Morehead revealed that Pantera Capital intends to launch a second blockchain fund which will be significantly bigger than the previous one – $1.25 billion, to be completed by May next year.

Morehead said his company believes in the future development of the cryptocurrency industry, and that is why it focuses on such investments:

"យើងចង់ផ្តល់សាច់ប្រាក់ងាយស្រួលសម្រាប់អ្នកដែលបោះបង់ ពីព្រោះយើងនៅតែមានសុទិដ្ឋិនិយមខ្លាំងសម្រាប់រយៈពេល 10 ឬ 20 ឆ្នាំខាងមុខ"។

The current condition of the sector, though, is not so optimistic. Today the global cryptocurrency market capitalization plunged below $1 trillion, while bitcoin trades at approximately $19,000 (a 70% decline compared to the all-time high price from November 2021).

According to Morehead, the unsatisfying performance of most digital currencies is because they are highly correlated with other risk assets. However, he expects to see the end of this trend soon, which would lead to a price expansion:

“Unfortunately, crypto pricing has become correlated with risk assets, which I honestly don’t think has to be true. My hope is that soon crypto will decouple from the macro markets.”

Morehead’s Crypto Predictions

At the beginning of the month, Pantera Capital’s CEO ការព្យាករណ៍ that the ongoing crypto winter will soon start to change. He compared it to other market declines that have happened in the past, which were later followed by bull runs:

“យើងបានឆ្លងកាត់វដ្តទីផ្សារខ្លាឃ្មុំធំៗចំនួនបី។ ខ្ញុំគិតថាយើងឈានដល់កម្រិតទាបនៅក្នុងខែមិថុនា ហើយយើងកំពុងឆ្ពោះទៅរកទីផ្សារគោបន្ទាប់។ វា​អាច​នឹង​មាន​សភាព​ទ្រុឌទ្រោម ហើយ​អាច​នឹង​ចំណាយ​ពេល​មួយ​រយៈ ប៉ុន្តែ​ខ្ញុំ​គិត​ថា​យើង​ឈាន​ទៅ​ជើង​បន្ទាប់​នៃ​ការ​ជួប​ជុំ​គ្នា»។

A few weeks later, Morehead បានប្រមើលមើល that billions of people will employ blockchain technology in their activities in the next four-five years. He claimed that this adoption could be another reason for a future price rally for many digital currencies.