Asymmetric's Liquid Alpha Fund was forced to close due to massive losses.



According to Hashrate Chain News, the Asymmetric Liquid Alpha fund is facing closure due to massive losses this year, and Joe McCann stated that the strategy is no longer aligned with the interests of LPs. Fund investors can choose to exit or transition into a new illiquid investment structure. Although Liquid Alpha is in trouble, other business sectors, especially venture capital, continue to provide full support for blockchain projects. Unconfirmed reports indicate that the fund has dropped 78% this year. The volatility in the crypto market has decreased, with the CVI index dropping close to 30%.

#Cryptocurrency # Blockchain #CryptoLoss # InvestmentFund #LiquidAlpha
JOE2.74%
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