Pantera Capital disclosed that it invests in stocks that employ a "digital asset vault" strategy
PANews reported on May 30 that, according to CoinDesk, Pantera Capital, a crypto investment institution, disclosed in an investor memorandum that it focuses on the portfolio of listed companies that hold crypto assets. Major investments include Bitcoin reserve company Twenty One Capital (backed by Tether, SoftBank, etc.), Solana-focused DeFi Development Corp, and ConsenSys-backed Ethereum holder Sharplink Gaming.
Cosmo Jiang, a partner at Pantera, said that such "digital asset vault" companies provide an access for stock market investors to indirectly hold crypto assets. Its closed-end fund operation model may affect the supply and demand of the underlying assets, and it may achieve returns beyond the rise of the token itself through financial operations in a volatile market.