Californian venture capital firm Pantera Capital has announced the appointment of Marco Santori as its new general partner. This decision comes amid growing investor interest in token deals and crypto IPOs.
Marco Santori’s Career
Marco Santori is well-known in the cryptocurrency industry for creating the SAFT framework, a tool used by projects to sell tokens to investors prior to launching. He served as chief legal officer at the crypto exchange Kraken, managing a team of nearly 70 lawyers.
Role at Pantera Capital
In his new role, Santori will focus on companies operating in regulated spaces, expressing a desire to find new projects that can push regulatory boundaries without breaking them. He will also continue to serve as a senior advisor to Kraken.
Significance of the Appointment
According to Santori, he has worked alongside others for twelve years to establish the regulatory environment that cryptocurrency enjoys today. He noted that while the work isn't done, we have clearly entered a new era, and it is now time to invest in it.
Marco Santori's appointment at Pantera Capital highlights the growing interest in token offerings and crypto IPOs, emphasizing the importance of regulation within the cryptocurrency industry.
