Pantera Capital looks back on the one-year anniversary of FTX bankruptcy: Less than 5% of investment portfolio suffered significant impact
Pantera Capital issued a statement on the one-year anniversary of FTX's bankruptcy, reviewing the impact of the event on its investment portfolio and the measures taken in response. After news of FTX and Alameda's financial difficulties emerged, Pantera Capital formed an emergency team to assess the impact on its investment portfolio and develop strategies for risk identification and team assistance. According to the announcement, less than 5% of the investment portfolio team was significantly affected due to the company's consistent risk management practices.
In addition, Pantera Capital proposed several suggestions, including establishing internal processes to minimize the time assets stay on any trading platform or third party, implementing multi-signature processes to diversify the risk of on-chain and off-chain trading counterparts, and maintaining the liquidity and security of the company's financial assets.
The company stated that this event was a learning opportunity and emphasized that its mission to build a more efficient, decentralized, and open financial ecosystem remains unchanged.