Pantera Capital announced that it has issued a staggering 24.12 million 1INCH tokens. As Spot On Chain reported, the issue took place within today. It attracted the attention of both investors and enthusiasts. This move underlines Pantera Capital’s strategic investment approach. It also showcases the firm’s unwavering commitment to fostering the growth of innovative altcoin projects.
The Hedge Fund has issued 24.12 million 1INCH!
cryptocoin.comPantera Capital, a leading hedge fund, is closely followed with its investments in the decentralized finance (DeFi) field. Earlier this year, the company invested a significant amount of 96.5 million 1INCH tokens throughout 2021. The final distribution of 1INCH tokens totaling 24.12 million marks the completion of their planned investments for the year. At the time of writing, the 1INCH token is trading at $0.3338, down 1% in 24 hours.
The digital asset community is awash with controversy over Pantera Capital’s latest move. In addition, investors and industry experts are closely monitoring the results. The company received all 96.5 million 1INCH tokens from the 2021 investment as vesting. It still holds ownership of all the tokens currently valued at an impressive $32.35 million. This further highlights Pantera Capital’s confidence in the potential of the DeFi industry.
Pantera Capital, DeFi altcoin invest in your projectshe’s working
Accordingly, it currently holds a substantial amount of 1INCH tokens. Thus, it firmly positions itself as a key player in this rapidly evolving environment. His strategic investment approaches demonstrate a deep understanding of the industry’s potential. It also signals that he has a keen awareness of emerging opportunities.
The importance of this token issuance lies not only in its scale, but also in its timing. Pantera Capital demonstrates its agility and determination in the fast-moving crypto market. Such moves are often considered a signal for other investors and projects. It will also further solidify Pantera Capital’s influence in the industry, according to experts.
1INCH is the native utility token of 1inch Network, a decentralized exchange (DEX) aggregator that provides liquidity from various DEX platforms to offer users the best token swap rates. 1inch Network has gained popularity for its efficient and cost-effective approach to streamline operations in the DeFi ecosystem. With the 1INCH token issuance, Pantera Capital makes a bold statement about its commitment to support the DeFi space and its belief in the transformative potential of Blockchain technology.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your own research and due diligence before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. Therefore, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.