Dan Morehead’s Hedge Fund Pantera Capital Says Largest Investment Can ‘Bring Crypto to the World’

Dan Morehead’s Hedge Fund Pantera Capital Says Largest Investment Can ‘Bring Crypto to the World’

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The Australian info Hedge fund Pantera Capital states one task, which is the firm’s “largest financialinvestment ever,” has an chance to bring crypto to the masses. In a brand-new post, Pantera CEO Dan Morehead states that Toncoin (TON), the layer-1 blockchain network initially developed by the messaging platform Telegram, has a significant benefit over other jobs in structure a big neighborhood. “99.999% of blockchain tasks are a tech concept attempting to develop a neighborhood – from absolutelynothing. According to CoinMarketCap, there are more than 23,000 cryptocurrencies. That’s a difficult roadway for many. Telegram is a neighborhood incorporating blockchain innovation. That’s simply got to be simpler.” According to Statista, Telegram has over 900 million month-to-month active users. Given that Telegram has a integrated crypto wallet, the hedge fund argues it has an benefit in onboarding its big, already-existing user base into the digital possession community without the intricacies of tradi
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