Asymmetric Gradually Winds Down Liquid Alpha Fund, Shifts Focus to Long-Term Blockchain Infrastructure Investment
According to Jinse Finance, Joe McCann has announced the gradual closure of Asymmetric’s Liquid Alpha fund due to a significant decline in the fund’s value this year, with unconfirmed reports suggesting a drop of up to 78%. McCann stated that the fund’s strategy “no longer aligns with LP interests,” and Asymmetric will abandon its liquidity trading strategy to focus on long-term investments in blockchain infrastructure. Investors can choose to exit without regard to the lock-up period or transfer their funds into a new illiquid investment structure. Despite the difficulties faced by Liquid Alpha, Asymmetric’s other business divisions, especially its venture capital strategy, remain intact and will continue to support early-stage blockchain projects.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vietnam launches national blockchain platform NDAChain for digital identity verification and record management
A dormant Ethereum pre-mined address activated after 10 years, holding 37 ETH
Crypto Fund Pure Crypto Plans to Raise Capital for Fourth Fund
Bitwise CIO: The Four-Year Crypto Cycle Is Over, Future Growth Will Be Steady and Sustainable
Trending news
MoreCrypto prices
More








