Pantera Capital and Alameda Research have invested in Automated Market Maker (AMM) Balancer Labs through direct token purchases, the team announced in a blog post published on Nov. 10.

• Pantera Capital and Alameda Research have bought BAL tokens from the Balancer Labs treasury, though the exact amounts have not been disclosed
• The funding will be budgeted towards the the growth of programmable liquidity via the development of Balancer V2
• The new version of Balancer is expected to reduce transaction costs, make developer integration easier, and improve the user experience
• Alameda Research, of which Sam Bankman-Fried is the CEO, has been on a spree of investments, pouring capital into decentralize oracle network Razor Network and trading platform 3Commas