Pantera Capital wants to raise $1.25 billion for its second blockchain fund, capitalizing on institutional investors’ increased desire for digital assets even as prices fall, according to founder Dan Morehead. Morehead said in an interview Wednesday at a conference in Singapore that he hopes to conclude the fund, which will invest in both equities and digital currencies, by May. He’s also looking to buy more shares in some of the firms Pantera already owns, as prices have fallen.
