Pantera Capital 的 Liquid 代币基金回报率飙升至 66%，飙升超过比特币和以太坊

在对 Solana (SOL)、Ribbon Finance (RBN) 和 Stacks 等加密货币战略投资的推动下，Pantera Capital 的 Liquid Token 基金在 2024 年第一季度获得了 66% 的惊人回报。该基金减少了对比特币和以太币的投资，青睐山寨币，其表现优于比特币今年迄今 62.59% 的升值，其中 RBN 飙升 400.43%，SOL 上涨 69.88%。

Pantera Capital's Liquid Token Fund Soars to 66% Return, Outperforming Bitcoin and Ether

Pantera Capital 的 Liquid 代币基金回报率飙升至 66%，表现优于比特币和以太币

In a remarkable feat of investment prowess, Pantera Capital's Liquid Token Fund has surged to an impressive 66% return in the first quarter of 2024, eclipsing the performance of well-known cryptocurrencies like Bitcoin and Ether. This stellar accomplishment is attributed to the fund's strategic investments in emerging crypto tokens, such as Solana (SOL), Ribbon Finance (RBN), and Stacks.

Pantera Capital 的 Liquid Token 基金在 2024 年第一季度的回报率飙升至令人印象深刻的 66%，超越了比特币和以太币等知名加密货币的表现，这是一项非凡的投资壮举。这一辉煌成就归功于该基金对 Solana (SOL)、Ribbon Finance (RBN) 和 Stacks 等新兴加密代币的战略投资。

A shareholder letter obtained by Bloomberg unveils the inner workings of the fund's success. During the January-March period, the fund strategically reduced its exposure to Bitcoin, opting instead for promising alternative tokens. Portfolio manager Cosmo Jiang candidly shared this rationale with Bloomberg, stating, "We'd been pretty heavy in Bitcoin until the start of the year, and I really like each month we've decreased that Bitcoin position meaningfully."

彭博社获得的一封股东信揭示了该基金成功的内部运作方式。在 1 月至 3 月期间，该基金战略性地减少了对比特币的投资，转而选择有前景的替代代币。投资组合经理 Cosmo Jiang 坦诚地与彭博社分享了这一理由，他表示：“直到今年年初，我们一直持有大量比特币，我真的很喜欢我们每个月都有意义地减少比特币头寸。”

Market data substantiates the wisdom of this strategy. RBN has skyrocketed by an astonishing 400.43% year-to-date, leaving Bitcoin's 62.59% appreciation in its dust. SOL has also rallied, gaining 69.88% over the same period. These impressive returns underscore the fund's astute investment decisions.

市场数据证实了这一策略的智慧。今年以来，RBN 的涨幅达到惊人的 400.43%，让比特币 62.59% 的升值望尘莫及。 SOL 也出现上涨，同期上涨 69.88%。这些令人印象深刻的回报凸显了该基金精明的投资决策。

Established in November 2017, the Pantera Liquid Token Fund caters to accredited investors, providing a curated portfolio of 10-20 liquid tokens with a focus on decentralized finance (DeFi). This investment vehicle requires a minimum commitment of $100,000.

Pantera 流动性代币基金成立于 2017 年 11 月，面向合格投资者，提供由 10-20 种流动性代币组成的精选投资组合，重点关注去中心化金融 (DeFi)。此投资工具需要至少 100,000 美元的承诺。

Pantera Capital, boasting $5.2 billion in assets under management, is a trailblazer in the cryptocurrency investment arena. The firm recently made a bold move by acquiring SOL tokens previously owned by the defunct crypto exchange FTX. Pantera invested approximately $250 million for tokens valued at $64 each, a substantial discount of 60% from their current market value.

Pantera Capital 管理着 52 亿美元的资产，是加密货币投资领域的开拓者。该公司最近采取了大胆举措，收购了先前由已不复存在的加密货币交易所 FTX 拥有的 SOL 代币。 Pantera 投资了约 2.5 亿美元，购买了每枚价值 64 美元的代币，较当前市场价值大幅折扣 60%。

The rise of SOL is largely attributed to its growing dominance in the blockchain space and the surge in popularity of memecoins, such as Dogwifhat, Bonk, Cat in the Dogs World, and Book of Meme. These niche digital assets have attracted significant interest, contributing to SOL's upward trajectory.

SOL 的崛起很大程度上归因于其在区块链领域日益增长的主导地位以及 Memecoin 的流行，例如 Dogwifhat、Bonk、Cat in the Dogs World 和 Book of Meme。这些利基数字资产引起了人们的极大兴趣，为 SOL 的上升轨迹做出了贡献。

According to CoinShares, institutional investors poured nearly $25 million into SOL-based investment funds in March, further fueling the token's market valuation. This influx of institutional capital underscores the growing recognition of SOL's potential as a valuable investment.

据 CoinShares 称，机构投资者 3 月份向基于 SOL 的投资基金注入了近 2500 万美元，进一步推高了该代币的市场估值。机构资本的涌入凸显了 SOL 作为一项有价值的投资的潜力日益得到认可。

In conclusion, Pantera Capital's Liquid Token Fund has demonstrated exceptional performance in the first quarter of 2024, outperforming Bitcoin and Ether through strategic investments in emerging crypto tokens. The fund's judicious allocation and timely reduction in Bitcoin exposure have been instrumental in achieving these remarkable returns. As the cryptocurrency market continues its evolution, Pantera Capital remains poised to seize opportunities and deliver exceptional returns to its accredited investors.

总而言之，Pantera Capital 的 Liquid Token 基金在 2024 年第一季度表现出色，通过对新兴加密代币的战略投资，表现优于比特币和以太币。该基金明智的配置和及时减少比特币敞口对于实现这些可观的回报发挥了重要作用。随着加密货币市场的不断发展，Pantera Capital 仍准备抓住机遇，为其认可的投资者提供卓越的回报。