Nexo, the crypto borrowing and exchange platform, has launched an NFT Lending Desk in partnership with NFT hedge fund Three Arrows Capital. The new lending desk caters to over-the-counter, or OTC, clients to offer crypto credit backed by NFTs. Nexo is one of the first crypto lenders to allow customers to borrow stablecoins, ETH, and other cryptocurrencies using certain NFTs as … [Read more...] about Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
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Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’
Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether in the time since CEO Zhu Su publicly slammed the cryptocurrency on Twitter. Do the purchases mean he's changed his mind, or was he just taking advantage of a market crash to buy the dip?In an anti-ETH tirade between Nov. 20 and Nov. 22, Zhu tweeted about why he had … [Read more...] about Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’
Crypto Hedge Fund Three Arrows Capital Snaps Up $400M in ETH
Wu Blockchain, a Chinese crypto reporter, tweeted that 97,477 ETH was transferred from the cryptocurrency exchanges FTX, Binance and Coinbase to a wallet marked by Nansen as belonging to Three Arrows Capital. Nansen, a blockchain analysis firm, confirmed the data to CoinDesk. Source link … [Read more...] about Crypto Hedge Fund Three Arrows Capital Snaps Up $400M in ETH
Three Arrows Leads $4.3M Round for Solana-Based Metaverse Project Solice
Solice, a cross-platform PC and virtual reality (VR) game built in the mold of Decentraland and The Sandbox, announced the raise on Thursday. The round was led by Zhu Su’s Three Arrows Capital, with participation from Alameda Research, Jump Capital, Genblock Capital, Kucoin Labs, Solar Eco Fund, CMS Holdings, Rarestone Capital and others. Source link … [Read more...] about Three Arrows Leads $4.3M Round for Solana-Based Metaverse Project Solice
Three Arrows Backs Money-Streaming Mean DAO to Boost DeFi Payments on Solana
Mean DAO has raised a $3.5 million funding round to boost Solana’s decentralized finance (DeFi) ecosystem with a protocol for money streaming, a service that automates payment and banking workflows and allows for flexible payment schedules.The project announced the funding round on Monday, led by Three Arrows Capital, SoftBank and DeFiance Capital, with participation from … [Read more...] about Three Arrows Backs Money-Streaming Mean DAO to Boost DeFi Payments on Solana