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Three Arrows Capital returns to the market, but as a venture capital fund

  • 3AC Ventures partnered with OPNX
  • Three Arrows Capital, the exchange launched by the founders of the original fund and CoinFLEX
  • A blank official website and promises of profit are what got the new organization off the ground

Three Arrows Capital, the fund that went bankrupt after Terra collapsed, appears to be back in the market. The organization now deals with “reliable risk-adjusted solutions without leverage.”

The cryptocurrency exchange OPNX announced yesterday, June 21. We have previously told you about it. The project was launched in April by the founders of 3AC and CoinFLEX.</nbsp;

The first day’s trading volume on the platform barely exceeded $1. Then the information was clarified, and the real figure was slightly higher – slightly more than $10.. At the same time, some investors are “shy” of the project, preferring not to be associated with it.

And now the exchange has announced a new partner. The foundation’s official website is stunningly concise. In addition to the one-line description, there is an e-mail feedback form, but that’s it.

“We are happy to announce a new partner to the OPNX ecosystem, 3AC Ventures.. We will focus our efforts on investing in projects that focus on a decentralized future,” the exchange said in an announcement.

The news sparked a lively discussion under the post. Needless to say, most commentators reacted sharply negatively to the idea of restarting the failing fund?”</nbsp;

In a comment for CoinDesk, Kyle Davis noted the following:

“We aim to work with those brave enough to solve the biggest problems and create cutting edge products.”</nbsp;