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Pantera Capital’s CEO suggests blockchain growth will continue despite economic turmoil By Cointelegraph


Pantera Capital’s CEO suggests blockchain development will proceed regardless of financial turmoil

The financial panorama could seem dire in the mean time, but it surely’s unlikely to have an effect on blockchain improvement, in accordance to Pantera Capital CEO Dan Morehead. In an interview for Actual Imaginative and prescient on Thursday, the enterprise capitalist mentioned that he believes blockchain expertise will carry out primarily based by itself fundamentals, whatever the situations indicated by conventional danger metrics:

Throughout the first half of this yr, Pantera Capital raised about $1.3 billion in capital for its blockchain fund, with a particular emphasis on scalability, DeFi and gaming initiatives. “We have been very centered on DeFi the previous couple of years, it is constructing a parallel monetary system. Gaming is coming on-line now and we have now a pair hundred million individuals utilizing blockchain. There’s quite a lot of actually cool gaming initiatives, and there nonetheless are quite a lot of alternatives within the scalability sector,” he added.

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