PANews reported on May 30 that according to CoinDesk, crypto investment institution Pantera Capital disclosed in an investor memorandum that it focuses on a portfolio of listed companies holding crypto assets. The main investment targets include: Bitcoin reserve company Twenty One Capital (supported by Tether, SoftBank, etc.), DeFi Development Corp focusing on Solana, and Sharplink Gaming, an Ethereum holding company supported by ConsenSys.
Pantera partner Cosmo Jiang said that such "digital asset vault" companies provide stock market investors with a channel to indirectly hold crypto assets. Its closed-end fund operation model may affect the supply and demand of underlying assets, and through financial operations in volatile markets, it may achieve returns that exceed the rise of the token itself.
