Blockchain investment firm Pantera Capital has announced it has raised $71 million for its latest cryptocurrency fund, the third fund of its kind to be launched by the company. According to the details of a filing with the U.S. Securities and Exchange Commission (SEC) released this week, the fund, known as \u201cVenture Fund III,\u201d raised the money from over 90 different investors, topping $71.4m since it first opened on July 31. There is no indication how much Pantera intends to raise for the fund, although some sources have reported a target of $175 million. The fund invests in the broader blockchain space, backing blockchain startups as well as cryptocurrencies. The total far surpasses the amount raised for Pantera\u2019s other funds. Previous funds launched by the firm have raised $13 million for Venture Fund II, and $25 million for the ICO Fund it launched in 2017, specifically raised for investments in ICOs. According to sources at the firm, Venture Fund III has already made its first investment, after backing cryptocurrency exchange Bakkt. Bakkt is a crypto trading platform launched by the parent company of the New York Stock Exchange. Pantera Capital has historically performed well across its funds, topping 10,000% return over the last five-year period, as a result of its investments in cryptocurrency businesses and assets. Amongst its portfolio, Pantera Capital has invested in the likes of Ripple, ZCash, Xapo, PolyChain, Bitstamp, Shapeshift, and Circle. Pantera Capital provides investors with a rare route to investing in cryptocurrency, especially for high net worth and institutional investors. Pantera Capital is regarded as the first blockchain investment fund of its kind, and was founded back in 2013. One of the biggest institutional investors in cryptocurrency, the company backs businesses and cryptocurrencies while working to raise mainstream awareness and adoption of cryptocurrency and blockchain technology. Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto\u2019s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.