Arthur Hayes Tweets Regarding Three Arrow Capital’s Latest Round of Funding

04/06/2023 13:52 • AI Insights • 80 views

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

A Look at the Co-founders of Three Arrow Capital and Their Latest Venture

According to recent reports, Arthur Hayes, Co-founder of BitMEX, a cryptocurrency trading platform, tweeted that the Co-founders of Three Arrow Capital, Zhu Su and Kyle Davies, have raised a substantial amount of funds from Bahrain’s sovereign wealth fund. These transactions were conducted through the original Three Arrow Capital over-the-counter trading platform called TaipingShan Capital. Additionally, this Tuesday, OPNX, a bond trading platform established by Su and Davies, was officially launched.

Who are Zhu Su and Kyle Davies?

Zhu Su and Kyle Davies are well-known entrepreneurs in the cryptocurrency and blockchain space. Both have extensive experience in investment banking, trading, and venture capital.
Zhu Su had previously worked at IBM and the Boston Consulting Group before entering the blockchain industry. He later founded Three Arrows Capital in 2012, which has since grown to become a leading player in the cryptocurrency trading space. Su is also the CEO of OPNX and TaipingShan Capital.
Kyle Davies, on the other hand, had worked at Citigroup before becoming a partner at Three Arrows Capital. He is also the co-founder of TaipingShan Capital and the Chief Investment Officer of OPNX.

Three Arrow Capital’s Latest Fundraising Effort

According to Arthur Hayes’ tweet, Three Arrow Capital has recently raised a substantial amount of funds from Bahrain’s sovereign wealth fund. While the exact amount remains undisclosed, it is believed to be a multi-million dollar round of funding.
Three Arrow Capital has been successful in raising funds from other sources in the past, including famous VCs like Tim Draper and Dan Morehead. The company has been actively investing in cryptocurrency projects and blockchain-based startups.

OPNX – The Latest Venture by Zhu Su and Kyle Davies

OPNX, a bond trading platform, was launched this Tuesday by Zhu Su and Kyle Davies. It is designed to offer trading solutions for digital bonds issued by corporations and governments. OPNX has already made a significant impact in the financial technology industry and is set to compete with other bond trading platforms like T-Quoter.
OPNX has already secured strategic partners such as Credit Suisse and is expected to play a critical role in expanding the use of blockchain technology in bond trading.

Conclusion

Zhu Su and Kyle Davies’s efforts in the financial technology industry, particularly the blockchain and cryptocurrency spaces, have been commendable. With their latest venture, OPNX, they hope to revolutionize the way bonds are traded. The multi-million dollar fundraising effort by Bahrain’s sovereign wealth fund is proof that their innovations and achievements have not gone unnoticed.

FAQs:

Q: What is Three Arrow Capital?
A: Three Arrow Capital is a cryptocurrency trading firm founded by Zhu Su in 2012 in Singapore. It has since grown to become a leading player in the cryptocurrency trading space.
Q: What is OPNX?
A: OPNX is a bond trading platform launched by Zhu Su and Kyle Davies. It is designed to offer trading solutions for digital bonds issued by corporations and governments.
Q: Who invested in Three Arrow Capital in the past?
A: Three Arrow Capital has been successful in raising funds from famous VCs like Tim Draper and Dan Morehead in the past.

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