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Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway

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Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore. Pantera CEO Dan Morehead highlighted the potential growth and value of Decentralized Finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and Metaverse applications in his opening keynote speech at Token2049 in Singapore. Thousands of attendees converged on Wednesday at the Marina Bay Sands Convention Center for the start of the two-day conference which Features prominent speakers from the cryptocurrency and Blockchain ecosystem. Pantera, a blockchain-focused investment fund with $4.5 billion of assets under management, said it continues to see value in emerging crypto use cases.  Morehead drew parallels to the early 2000s when emerging technology companies like Amazon, Apple, and Google began to attract major investments after years of dominance by Microsoft in the stock markets. Pantera Capital CEO and founder Dan Morehead. More...