Pantera Capital's liquidity token fund lost 80% in 2022

2023-01-31 09:11:51

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According to ChainCatcher news, in a January investor call from the crypto venture capital firm Pantera Capital, its Liquid Token Fund lost 80% in 2022, with a nearly 23% drop occurring just in November after the FTX collapse. However, its co-CIO Joey Krug stated that Pantera's fund has partially rebounded this month, with an increase of over 47%.

The top three performers of the fund during November were Cosmos's ATOM token, Chainlink's LINK, and Optimism's OP, while UNI, SOL, and ETH lagged behind. Pantera held positions in Solana and sold "a lot" immediately after the FTX issues surfaced.

The Pantera Liquid Token Fund is a "multi-strategy vehicle that typically invests in 15-25 liquid tokens at any given time." During the call, the fund was managing $198 million in assets and had 13 tokens in its portfolio. (CoinDesk)

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