The Liquid Token Fund managed by Pantera Capital with a size of about $300 million had a return rate of 66% in the first quarter, benefiting from the reduction of risk exposure of cryptocurrencies such as Solana, as well as Bitcoin and Ethereum-related tokens. A shareholder letter seen by Bloomberg also showed that the returns of digital assets such as RBN, Aevo, and STX contributed to the fund's performance in the first quarter.
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