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Pantera Capital CEO Suggests Blockchain Growth Will Continue Despite Economic Turmoil

The economic landscape may look dire at the moment, but it is unlikely to affect the development of blockchain, according to Pantera Capital CEO Dan Morehead. In an interview for Real Vision on Thursday, the venture capitalist said he believes blockchain technology will work based on its own fundamentals, regardless of the conditions indicated by traditional risk metrics:

During the first half of this year, Pantera Capital raised approximately $1.3 billion in capital for its blockchain fund, with a particular focus on scalability, DeFi and gaming projects. “We’ve been focused on DeFi for the last few years, it’s building a parallel financial system. The game is online now and we have a couple hundred million people using the blockchain. There are a lot of really cool game projects, and there are still many opportunities in the scalability sector,” he added.