News Explorer — Crypto VC Firm Pantera Capital Is Putting $200 Million Into AI Projects

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Jun 19, 9:38 am

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Crypto VC Firm Pantera Capital Is Putting $200 Million Into AI Projects

Crypto investment firm Pantera Capital is raising a new $1 billion fund, with over $200 million earmarked for AI projects. Portfolio manager Cosmo Jiang believes that in the future, every crypto company will incorporate artificial intelligence. Pantera Capital has previously invested 15-20% of its capital into AI-adjacent blockchain projects and expects to invest even more with the new fund.

Crypto investment firm Pantera Capital is raising a new $1 billion fund, with over $200 million earmarked for AI projects. Portfolio manager Cosmo Jiang believes that in the future, every crypto company will incorporate artificial intelligence. Pantera Capital has previously invested 15-20% of its capital into AI-adjacent blockchain projects and expects to invest even more with the new fund.

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