Lightspeed, Pantera Join $20M Raise for Crypto Market Maker Wintermute

London-based Wintermute, an algorithmic liquidity provider for digital assets, closed a $20 million Series B led by Lightspeed Venture Partners with participation from Pantera Capital.  Other investors joining the round include Sino Global Capital, Kenetic Capital, Rockaway Blockchain Fund, Hack VC, DeFi Alliance and Avon Ventures, a venture capital fund affiliated with FMR LLC, the […]

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The Smart Way to Talk About DeFi’s $22B

Decentralized finance (DeFi), the sector of crypto that drove all the excitement this summer, isn’t quite back to its old energy, but the lull is over. “Raw DeFi numbers are at all-time highs, and they’re not fake,” Alameda Research founder Sam Bankman-Fried told CoinDesk in an email. “But in relative terms to the rest of […]

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Ex-Pantera Partner’s New Crypto Fund Is ‘Not for the Faint of Heart’

Paul Brodsky, a former partner at storied crypto investment firm Pantera Capital, has left to launch a hedge fund aimed at volatility plays across cryptocurrencies and traditional assets. Brodsky’s new fund, PostModern Partners, will open in 2021 with a focus on high-risk, high-return blockchain investment opportunities, according to a source familiar with the matter. It […]

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