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



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

The financial panorama could seem dire in the meanwhile, nevertheless it’s unlikely to have an effect on blockchain growth, 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 know-how will carry out primarily based by itself fundamentals, whatever the situations indicated by conventional danger metrics:

Throughout the first half of this 12 months, 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 few years, it is constructing a parallel monetary system. Gaming is coming on-line now and we’ve got a pair hundred million individuals utilizing blockchain. There’s a number of actually cool gaming initiatives, and there nonetheless are a number of alternatives within the scalability sector,” he added.

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