Pantera bets $300M on crypto treasury companies, says gains may outpace ETFs
Pantera Capital has invested $300 million into crypto treasury companies, saying they may offer better returns than crypto ETFs.
Crypto venture capital firm Pantera Capital has invested $300 million into companies with crypto treasuries, predicting that their yields will be better than crypto exchange-traded funds (ETFs).
Pantera’s general partner, Cosmo Jiang, and content head Erik Lowe said on Tuesday that digital asset treasuries (DATs) “can generate yield to grow net asset value per share, resulting in more underlying token ownership over time than just holding spot.”
They added: “Therefore, owning a DAT could offer higher return potential compared to holding tokens directly or through an ETF.”
