Pantera has raised $369 million for its new blockchain fund, partially restocking a war chest for bets across the crypto ecosystem.

Disclosed in Friday regulatory filings, the raise, amassed from 107 investors, puts Pantera well short of a $600 million target projected in early May. Pantera began taking investments in July and is leaving the fund open “indefinitely,” meaning it could get there eventually.

The blockchain fund is meant to be Pantera’s omnibus crypto investment vehicle. It deploys into startup equity, early stage protocol tokens and more well-known digital assets, such as bitcoin, according to an investor deck.

Pantera held $4.7 billion in assets under management on Aug. 31, according to the deck.

The raise comes as other venture capital (VC) titans announce major funds for crypto investments. Top among them is Andreessen Horowitz’s (a16z) $2.2 billion fund, its third for crypto bets, that was announced in June.

Pantera did not reply to requests for comment by press time.

It’s been a banner year for crypto investments from the VC sector. A report by CB Insights in July said a record $4 billion in venture capital had been poured into crypto startups in the second quarter of 2021 alone.

Read more: VCs Pumped $4B Into Crypto Firms in Q2: CB Insights