FTX Response
Below you will see a copy of the note we sent out after the FTX collapse in Nov 2022 — we were highly fortunate to not be materially impacted by this situation.
It has been a challenging year for crypto along with basically all risk assets and while we hold true to our root beliefs, our recent focus has been to expand the firm into other areas / asset classes / strategies.
Our thesis and conviction around crypto applications in today’s global economy remain steadfast — particularly around use cases to support individuals within freedom infringing regimes and revolving around new trustless technological solutions. Further, we respect crypto’s role within a portfolio — as it is nearly an ideal diversifier as long as the assets are chosen well, managed appropriately, and held for the long term.
Excited to see what 2023 brings!
