Former Kraken legal executive becomes general partner at Pantera Capital
Fired-Up, Unfiltered Take:
Californian venture capital powerhouse, Pantera Capital, snagged some big-time crypto talent in the form of Marco Santori, formerly of the Kraken exchange. Santori, a legend in the crypto world, known for creating the SAFT framework, will be stepping in as a general partner.
With over a decade under his belt in creating a friendly regulatory environment for the crypto industry, Santori has played a pivotal role in ousting crypto critics, winning allies in Congress, and even influencing a pro-crypto U.S president. Now, he's ready to pour his energies into a new era of crypto investments.
"Twelve long years I've been in the trenches with y'all, crafting the regulatory battlefield crypto now enjoys[K1][K2]. The game's just leveled up, time to play the new hand," Santori proclaimed.
Santori, who still hangs on as a senior advisor to Kraken, will be working for Pantera Capital, a firm boasting over $5 billion in assets. His primary focus will be on companies that play in regulated crypto spaces, seeking out new, exciting projects that can toe the line without crossing it, secure funding, and flourish[1][2].
In a separate move, a gang of ex-Kraken executives reclaimed Janover, a software company, with intentions to stockpile Solana's SOL token. The crypto world is on the edge of its seat to see how this unfolds, but it's a different ball game from Pantera Capital[4][5].
[1] - Santori's expertise in digital asset regulation will likely boost Pantera Capital’s investments in the crypto space.[2] - Santori was the former Chief Legal Officer at Kraken and has joined Pantera Capital as a General Partner.[3] - His contributions to the crypto industry include developing the SAFT framework for compliant token sales.[4] - No other former Kraken employees have been reported to make a similar transition to Pantera Capital.[5] - The group of former Kraken executives involved in acquiring and repositioning Janover intends to become a significant holder of Solana’s SOL token, but this is unrelated to Pantera Capital.
- Marco Santori, a notable figure in the crypto world and the creator of the SAFT framework, was previously the Chief Legal Officer at Kraken, but he has now joined Pantera Capital as a General Partner.
- With over a decade of experience in creating a favorable regulatory environment for the crypto industry, Santori's expertise is likely to boost Pantera Capital’s investments in the crypto space.
- Pantera Capital, a venture capital firm with over $5 billion in assets, will focus Santori's efforts on companies operating in regulated crypto spaces, with an aim to find new, promising projects that can comply with regulations while securing funding and growing.
- A group of former Kraken executives has acquired and repositioned Janover, a software company, with an intention to accumulate Solana's SOL token.
- This move by the former Kraken executives is separate from Pantera Capital and does not involve Santori's involvement.
- Solana's SOL token has attracted the attention of the group due to its significant potential in the crypto market.
- The crypto industry is eagerly awaiting the next moves from both Santori, now with Pantera Capital, and the former Kraken executives working on reclaiming and building up Janover.
