Digital asset investment manager Pantera Capital is reportedly setting its sights on raising more than $1 billion for a new fund, offering investors exposure to a diverse array of blockchain-based assets.

According to a report from Bloomberg on April 25, the fund, named Pantera Fund V, is slated for launch in April 2025, serving as a comprehensive investment vehicle.

Unlike Pantera’s existing funds with more specific investment strategies, such as the Liquid Token Fund, Early Stage Token Fund, Bitcoin Fund, and Venture Funds, Pantera Fund V aims to provide a broader spectrum of investment opportunities.

Qualified investors seeking to participate in Pantera Fund V will need to commit a minimum of $1 million. The fund’s initial closing is scheduled for April 1, 2025, with limited partners expected to contribute at least $25 million each.

Pantera’s website outlines that Pantera Fund V will encompass various asset types, including startup equity, early-stage tokens, and liquid tokens.