Pantera Capital is the first U.S. institutional asset manager focused exclusively on blockchain technology. The firm, headquartered in San Francisco, California, invests in digital assets and blockchain companies through venture equity, early-stage tokens, and liquid tokens. Since 2013, Pantera has made 100 venture investments and maintains $3.8 billion in assets under management as of January 2026. In Africa, Pantera Capital participated in three funding rounds from January 2017 to May 2022, totaling $82.5 million. The firm invested at Series A (two rounds) and Series B (one round) stages, with a geographic focus on Kenya (two investments) and South Africa (one). Sectors included Crypto & Web3 (two) and Fintech (one), backing companies such as Jambo, VALR, and AZA Finance. Pantera Capital co-invested alongside firms including ParaFi Capital, Gemini Frontier Fund, and Paradigm in these rounds.