Pantera Capital Files With SEC for ICO Hedgefund

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Pantera Capital Files With SEC for ICO HedgefundPantera Capital Files With SEC for ICO Hedgefund

United States-based bitcoin investment firm, Pantera Capital, has filed with the U.S Securities and Exchanges Commission (SEC) for an Initial Coin Offering (ICO) hedgefund.

Also Read: SEC Eyes Initial Coin Offerings for Regulatory Oversight

If Successful, Pantera ICO Fund LP Will Be the World’s First ICO Hedgefund

Pantera Capital is hoping to become the first bitcoin investment firm to offer an ICO hedgefund. The Pantera ICO Fund LP plans to offer investors a diversified and third-party managed means to speculate on upcoming initial coin offerings, claiming to mitigate much of the risk associated with investing in pre-market cryptocurrency projects.

Pantera Capital Files With SEC for ICO Hedgefund

Pantera Capital Files With SEC for ICO Hedgefund

Pantera Capital was formed in 2013, comprising the first US-based bitcoin investment firm. The company has invested in numerous cryptocurrency heavyweights, including blockchain-based remittance


Read more … source: TheBitcoinNews

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