Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian

Crypto-focused venture capital and investment giant Pantera Capital recently had assets with now-shuttered Silicon Valley Bank (SVB), according to a regulatory filing last month.

In a Form ADV dated Feb. 3, Pantera listed SVB as one of three custodians for its private funds alongside BitGo and the custodial service of crypto exchange Coinbase. The filing is a requirement for registered investment advisers.

CoinDesk reached out to Pantera for comment but had not received a response by publication time.

Pantera restructured its upper management last month after the departure of co-chief investment officer Joey Krug. The firm revealed in January that its liquid token fund lost 80% during 2022.

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Brandy Betz

Brandy covers crypto-related venture capital deals for CoinDesk.

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