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Dan Morehead, CEO of Pantera Capital, explains why this crypto bear market is different from the previous one his firm endured, what he believes will give institutional money the confidence to enter the space, and how Pantera’s investing approach has changed in this downturn. We also discuss what types of projects and companies Pantera is investing in, how regulatory uncertainty is affecting development of the space, and where innovation is happening. The answer may surprise you.

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Episode links:

Pantera Capital:

Dan Morehead:

Pantera’s December letter:

Joey Krug’s crypto thesis:

Fidelity launching a Bitcoin custody service in March:



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