The co-founder of crypto hedge fund Three Arrows Capital (3AC), Zhu Su, is facing financial troubles as his wife, Evelyn Tao, sells one of their properties in Singapore. 3AC collapsed in 2022 after bad investments in the crypto market. The company owes creditors $3.3 billion, and other assets worth $1.14 Continue Reading
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Crypto Hedge Fund Co-Founders Wife Sells Singapore Mansion for 385M Amid Asset Freeze
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Crypto Venture Capital: Applications vs Infrastructure Investments
On November 2, Zhu Su, the founder of Three Arrows Capital, wrote an article explaining why cryptocurrency venture capital companies tend to invest in infrastructure rather than crypto applicatio ns. He argues that good applications are not always in need of or benefit from venture capital funding, especially large rounds, Continue Reading
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“Zhu Su Bets on BTC and Meme Currency YAKUB with Solana”
Zhu Su, co-founder of Three Arrows Capital, recently shared his investment decisions on social media. On October 25, he disclosed that he had taken long positions in both BTC and the Meme currency YAKUB on the Solana blockchain. This move has garnered attention from the crypto community, as Su is Continue Reading