Dan Morehead established Pantera Capital in 2003 as a worldwide full-scale hedge investment. after 10 years, in 2013, the firm went through an absolute rebranding as it started putting resources into blockchain and digital currency. Today, Pantera Capital is one of the most conspicuous blockchain trading companies in the United States and one of the biggest institutional proprietors of advanced resources. As well as offering a few crypto-centered reserves, Pantera's Venture Investments division has put resources into more than 50 blockchain organizations, including Bitstamp, Ripple, Bakkt, Xapo, BitGo, and ShapeShift.
He has over 25 years of involvement as a mutual funds supervisor and monetary counselor. Before launching his organization, he stood firm in different administration and leadership positions with Bankers Trust, Deutsche Bank, and Goldman Sachs. He graduated magna cum laude in structural design from Princeton University in 1987.
2021 could see Morehead and Pantera Capital become more unmistakable in the digital currency industry as the positively trending market keeps on developing. He is on record saying that Defi can grow multiple times more than Bitcoin in the following three to five years. It accordingly wouldn't be an astonishment to see Pantera seek after Defi projects significantly more forcefully in 2021. That would check a critical advancement from Pantera's past venture postulation, which was centered more around center blockchain and convention foundation. The organization's ongoing Defi speculations incorporate Ampleforth, 0x, and Balancer, among others. Meanwhile, He has kept a super bullish attitude toward Bitcoin. In January, he strongly declared that Bitcoin's cost will hit $115,000 by August. At the time he made the forecast, 1 Bitcoin was worth generally $38,000.