Failed Hedge Fund Three Arrows Capital Estimated Assets at $1 Billion in July

Dec 16,2022
KingData News: Three Arrows Capital (3AC), the now-bankrupt crypto hedge fund, estimated its assets at around $1 billion as of July, according to a document obtained by The Block. Breaking down the assets, fiat holdings were estimated to be worth $37 million, tokens around $238 million, NFTs around $22 million, and venture and other investments $502 million, per the document. The total value of the assets also includes 3AC's sub-portfolio funds, DeFiance Capital and Starry Night Capital, which are worth a total of around $217 million. It also notes that the value of the assets will change significantly, either positively or negatively, due to the volatile nature of crypto.
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