2 years ago
Yieldstreet, an online level offering investors entree to alternate investments similar existent property and art, has announced its first-ever crypto money successful concern with noted task superior steadfast Pantera Capital.
Investors would summation exclusive entree via Yieldstreet to the Pantera Early Stage Token Fund I, which makes nonstop investments successful pre-ICO tokens. Yieldstreet expects to rise astir $20 cardinal for the fund, a spokesperson told CoinDesk successful an email.
Prior investments for the money person included cross-chain interoperability level Polkadot and Ethereum Virtual Machine Aurora.
New York-based Yieldstreet plans to motorboat further offerings with vulnerability to the Pantera money astir each 4th to let for repetition investments.
Founded successful 2015, Yieldstreet said the level has seen implicit $2.9 cardinal successful investments from much than 360,000 investors.
Pantera was founded by Tiger Management alum Dan Morehead successful 2003, and the steadfast had grown to $5.6 cardinal successful assets nether absorption by the extremity of past year. Its concern portfolio includes payments institution Circle, crypto speech Coinbase and Ripple, issuer of the XRP cryptocurrency.
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