Arthur Hayes Claims Three Arrow Capital Raised Funds from Bahrain’s Sovereign Wealth Fund

According to reports, Arthur Hayes, co founder of BitMEX, a cryptotrading platform, tweeted that he received information that Zhu Su and Kyle Davies, co founders of Three Arrow Capital, had raised a large amount of funds from Bahrain’s sovereign wealth fund. They conducted transactions through the original three arrow capital over-the-counter trading platform TaipingShan Capital. This Tuesday, the bond trading platform OPNX, established by ZhuSu and Kyle Davies, was officially launched.

BitMEX Co creation: Three Arrow Capital Co creation raised a large amount of funds from Bahrain’s sovereign wealth fund

There has been quite a buzz in the cryptocurrency community after Arthur Hayes, co-founder of BitMEX, tweeted that he received information that Zhu Su and Kyle Davies, co-founders of Three Arrow Capital, raised a significant amount of funds from Bahrain’s sovereign wealth fund. They allegedly conducted transactions through the original Three Arrow Capital over-the-counter trading platform TaipingShan Capital. The news comes after the bond trading platform OPNX, established by Zhu Su and Kyle Davies, was officially launched earlier this week.

Who are Arthur Hayes, Zhu Su, and Kyle Davies?

Before we delve deeper into the news of Three Arrow Capital raising funds from Bahrain’s sovereign wealth fund, let’s first understand who Arthur Hayes, Zhu Su, and Kyle Davies are.
Arthur Hayes is a well-known and respected figure in the cryptocurrency industry. As the co-founder and CEO of BitMEX, a leading cryptocurrency trading platform, he has played a significant role in the growth and development of the cryptocurrency market.
Zhu Su and Kyle Davies, on the other hand, are co-founders of Three Arrow Capital, a Singapore-based hedge fund that specializes in cryptocurrency trading. They have been actively involved in the cryptocurrency industry since its early days and are known for their deep understanding of the market.

Three Arrow Capital Raises Funds From Bahrain’s Sovereign Wealth Fund

According to Arthur Hayes’ tweet, Three Arrow Capital raised a considerable amount of funds from Bahrain’s sovereign wealth fund. While the exact amount of funds raised is not yet known, the news has taken the cryptocurrency community by surprise.
It is not uncommon for sovereign wealth funds to invest in hedge funds, and the fact that Three Arrow Capital has garnered interest from Bahrain’s sovereign wealth fund is a testament to their expertise in the cryptocurrency market.

Three Arrow Capital’s Over-The-Counter Trading Platform – TaipingShan Capital

As per Arthur Hayes’ tweet, Three Arrow Capital conducted the transactions through TaipingShan Capital, the original Three Arrow Capital over-the-counter trading platform. Over-the-counter trading, also known as OTC trading, refers to a direct transaction between two parties without the involvement of an exchange.
This news indicates that Three Arrow Capital’s over-the-counter trading platform, TaipingShan Capital, is gaining popularity among cryptocurrency investors who prefer direct transactions.

Launch of Zhu Su and Kyle Davies’ Bond Trading Platform – OPNX

The news of Three Arrow Capital raising funds from Bahrain’s sovereign wealth fund comes at the same time as the launch of Zhu Su and Kyle Davies’ new bond trading platform called OPNX.
OPNX aims to bring transparency to the bond market by allowing investors to trade bonds directly with each other without the involvement of a third party. This platform is an excellent addition to Three Arrow Capital’s suite of investment vehicles and showcases the founders’ commitment to innovation and bringing new products to the market.

Conclusion

The news of Three Arrow Capital raising funds from Bahrain’s sovereign wealth fund is a significant development for the cryptocurrency market. It highlights the growing interest of large institutional investors in cryptocurrency-related investment vehicles, and the level of trust these investors have in the expertise of cryptocurrency hedge funds like Three Arrow Capital.

FAQs

1. What is the significance of Three Arrow Capital raising funds from Bahrain’s sovereign wealth fund?
Three Arrow Capital’s ability to raise funds from a sovereign wealth fund is a testament to their expertise in the cryptocurrency market and showcases how institutional investors are increasingly interested in cryptocurrency-related investment vehicles.
2. What is over-the-counter trading?
Over-the-counter trading, also known as OTC trading, refers to a direct transaction between two parties without the involvement of an exchange.
3. What is OPNX?
OPNX is a bond trading platform established by Zhu Su and Kyle Davies. The platform aims to bring transparency to the bond market by allowing investors to trade bonds directly with each other without the involvement of a third party.