According to Foresight News, Steven 'Seven' Waterhouse, a former partner at cryptocurrency investment firm Pantera Capital, is reportedly in the process of raising $50 million for a new fund. The news was initially reported by Bloomberg. Waterhouse, who has a significant background in the cryptocurrency sector, is said to be actively seeking investors for this new venture. The details of the fund, including its focus and investment strategy, have not been disclosed yet. This news comes as the cryptocurrency market continues to see significant growth and interest from investors worldwide.