Pantera Founder: The return rate of Solana held by Pantera's Blockchain Fund IV has reached 850%.

Golden Finance reported that Dan Morehead, founder of Pantera Capital, revealed in a post on October 6 that Pantera launched its fourth blockchain fund (Blockchain Fund IV) in 2021. The value of Solana held by Blockchain Fund IV has seen a return of 850% over the past four years, experiencing three rounds of doubling. The first was during the FTX bankruptcy fund, where SOL was purchased at a 50% discount to the spot price at that time (2x); the second was when the spot price of Solana roughly doubled (1.1x); the third was the PIPE transaction by Sol Treasury Company (2.4x). Additionally, with a 7% yield from SOL staking, the return on Solana held by Blockchain Fund IV reached 850%.