Dan Morehead

Last updated

Dan Morehead
Born
United States
NationalityAmerican
Alma mater Princeton University (B.S.E., magna cum laude)
Occupation(s)Investor, hedge fund manager, entrepreneur
Years active1987–present
Known forFounder of Pantera Capital
Notable workEarly institutional Bitcoin fund (2013)
TitleFounder and Managing Partner, Pantera Capital
Board member ofFormer Chairman of Bitstamp, Board Member of BitPesa (now AZA Finance)
Website panteracapital.com

Dan Morehead is an American investor, entrepreneur, and hedge fund manager. He is the founder and managing partner of Pantera Capital, one of the first institutional investment firms to focus on blockchain technology and cryptocurrencies. [1] [2] Under his leadership, Pantera launched the first U.S.-based Bitcoin investment fund in 2013 and has since grown to manage over $5 billion in blockchain assets. [3] [4] [5]

Contents

Early life and education

Morehead graduated magna cum laude from Princeton University in 1987 with a Bachelor of Science in Engineering in Civil Engineering. He was awarded the Carmichael Prize for the best undergraduate thesis in the department.

Career

Morehead began his finance career at Goldman Sachs in 1987, working as a trader in mortgage-backed securities. He later joined Bankers Trust as a portfolio manager for global macro funds, followed by a senior derivatives trading role in Tokyo. [6]

In 1995, he became Global Head of Foreign Exchange Options at Deutsche Bank in London. [7] Between 1996 and 2000, Morehead worked as Chief Financial Officer and Head of Macro Trading at Tiger Management under Julian Robertson. [7]

In 2000, he founded Atriax, a foreign exchange trading platform based in New York, London, and Tokyo. Though the platform reached over $100 million in volume, it closed operations in 2002. [7]

In 2003, Morehead launched Pantera Capital as a global macro hedge fund, later pivoting to cryptocurrency and blockchain investments. [8] Pantera launched the first U.S. institutional Bitcoin fund in 2013 and has invested in notable blockchain companies including Bitstamp, Circle, and Ripple Labs. [3] Morehead also served as Chairman of Bitstamp and a board member at BitPesa (now AZA Finance).

References

  1. "Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future". CoinDesk. Archived from the original on May 16, 2025. Retrieved August 6, 2025.
  2. "Pantera Capital founder faces tax probe over $850M crypto profits: Report". Cointelegraph. February 15, 2025. Retrieved August 6, 2025.
  3. 1 2 "Pantera Capital – Firm Overview". Pantera Capital. Retrieved August 6, 2025.
  4. "Prominent Cryptocurrency Investor Faces Senate Tax Inquiry". February 15, 2025. Retrieved August 6, 2025.
  5. Schwartz, Leo. "Dan Morehead assembled his Princeton mafia to pile into Bitcoin at $65 in 2013, leaving Wall Street behind to build a $5 billion crypto fund". Fortune Crypto. Retrieved August 6, 2025.
  6. Schwartz, Leo. "Why crypto OG Dan Morehead believes investors should look beyond Bitcoin". Fortune Crypto. Retrieved August 6, 2025.
  7. 1 2 3 "Daniel W. Morehead résumé" (PDF). Retrieved August 6, 2025.
  8. Schwartz, Leo. "Why crypto OG Dan Morehead believes investors should look beyond Bitcoin". Fortune Crypto. Retrieved August 6, 2025.