Former JPMorgan head of asset management sales Samir Shah left the company to become a chief operating officer of Pantera Capital, an investment business specializing in cryptocurrencies. Shah said on a <a href="https://www.linkedin.com/posts/activity-6949881447147089921-nozT/?utm_source=linkedin_share&amp;utm_medium=ios_app" target="_blank" rel="nofollow noopener">LinkedIn</a> post that it was time to begin a new career chapter after spending "12 amazing years with JPMorgan" in various sales, strategy, and digital roles. Shah said in his post,
<blockquote><em>"As for my next step, I am thrilled to share that I will be joining Pantera Capital as Chief Operating Officer. Pantera is one of the industry's leading investors in blockchain technology, and I'm excited to partner with Dan Morehead, Joey Krug and the broader Pantera team to help take the organization to new heights!"</em></blockquote>
Samir Shah follows a well-trodden path from Wall Street to cryptocurrency. Christine Moy, a longtime leader in blockchain and cryptocurrency at <a href="https://www.cryptoknowmics.com/news/jpmorgan-says-ongoing-crypto-bear-market-wont-last-much-longer/" target="_blank" rel="noopener">JPMorgan</a>, departed the bank at the start of May this year to become head of digital assets at private equity company Apollo Global Management.
<h2>Pantera Plans to Close the Blockchain Fund</h2>
Pantera announced plans to close a blockchain fund with committed capital of around $1.3 billion at the beginning of April. According to a conference call with investors, Pantera Money expects to close the Pantera Blockchain Fund, its first blockchain fund, in the following three to four weeks with around $1.3 billion in committed capital. The sum is more than twice as much as the $600 million goals set when the company started its fundraising campaign in November.

Pantera stated pledges had topped $1 billion last month. Another crypto fund, Paradigm, raised $2.5 billion during the same period.

Former JPMorgan Banker Samir Shah Becomes COO at Pantera Capital

Former JPMorgan head of asset management sales Samir Shah left the company to become a chief operating officer of Pantera Capital, an investment business specializing in cryptocurrencies

Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

Former JPMorgan Banker Samir Shah Becomes COO at Pantera Capital

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