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Pantera Capital's CEO suggests Blockchain growth will continue despite economic turmoil

Coin Telegraph LogoCoin Telegraph6d ago

Pantera Capital's CEO suggests Blockchain growth will continue despite economic turmoil - Coin Telegraph

Quick Summary:

The venture capitalist predicted blockchain would perform based on its own fundamentals, similar to Amazon and Apple.

The company has reportedly engaged in talks with investors to raise $1 billion in new funding to finance additional acquisitions during the bear market.

I think the main reason for this is that the downturn hit the industry so fast and so intensely that even large companies poised as aggressive acquirers were so shell-shocked by the crash that they had to make sure their own balance sheets were in order before looking elsewhere for growth".


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Article Details

Author / Journalist: Cointelegraph By Ana Paula Pereira

Category: Crypto

Topics: Blockchain Capital Venture Capital Investments

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 18:15:00

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 4 minutes read

Article Length: 612 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 497435

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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