investment asset management company Pantera Capital, FTXHe said his investments were affected by the collapse.
Cryptocurrency exchange FTX ‘s collapse continues to shake investment companies. Recently, many investment companies have been working hard to recover their inside assets. Investors’ assets were also locked up, as the exchange suspended all trading and sought liquidity. Earlier in the day, BlockFi announced that it was suspending operations, stating that it could not recover its assets due to the collapse. Then, many companies made statements in turn. Finally, Pantera CapitalHe also stated that he was affected by the FTX collapse.
Pantera Capital Impacted by Blockfolio
One of the strongest investment companies in the crypto industry Pantera Capital, FTXaffected by the collapse blockfolioattached to his company.
Pantera Capital partner Paul Veradittakit stated that this impact of the company is insignificant. Not mentioning how much and how big a planting is. veradittakit, tied the events to the company Blockfolio.
Paul Veradittakitsaid the following on the subject;
“At Pantera Capital, we had insignificant exposure to the FTX platform and had exposure to FTX as a shareholder, primarily through the acquisition of our portfolio company, Blockfolio.”
US-based FTX acquired crypto data app Blockfolio for $150 million two years ago. Also, Veradittakit stated that the company’s priority is to control losses in its portfolios.
