3AC founders Zhu and Davies pitch to raise $25 million for new crypto exchange

Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC), are hoping to raise $25 million to start a new crypto exchange called GTX, according to two separate pitch decks obtained by The Block.

The pair are partnering with CoinFlex’s Mark Lamb and Sudhu Arumugam to launch the new venture, which aims to start offering trading in crypto bankruptcy claims.

This is a breaking story and will be updated. 

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Source: https://www.theblock.co/post/202589/3ac-zhu-davies-new-crypto-exchange?utm_source=rss&utm_medium=rss