Difference between revisions of "Three Arrows Capital (3AC)"
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== Investments == | == Investments == | ||
* Aave. [https://cryptobriefing.com/aave-raises-3-million-from-framework-ventures-and-three-arrows-capital/ Helped] (15-7-2020) raise $3M for [[Aave]]. | * [[AAVE|Aave]]. [https://cryptobriefing.com/aave-raises-3-million-from-framework-ventures-and-three-arrows-capital/ Helped] (15-7-2020) raise $3M for [[Aave]]. | ||
*[[Avalanche (AVAX)|Avalanche]]; Polychain and [[Three Arrows Capital|Three Arrows]] lead [https://www.theblockcrypto.com/post/117895/polychain-three-arrows-capital-lead-230-million-avalanche $230m investment] in Avalanche (17-9-2021). | *[[Aptos]]; took part in their [https://medium.com/aptoslabs/expanding-the-aptos-community-38c5b18a84b7 $200m] strategic round (15-3-2022). | ||
*[[Avalanche (AVAX)|Avalanche]]; [[Polychain]] and [[Three Arrows Capital|Three Arrows]] lead [https://www.theblockcrypto.com/post/117895/polychain-three-arrows-capital-lead-230-million-avalanche $230m investment] in Avalanche (17-9-2021). | |||
*[[Balancer (BAL)|Balancer]]; part of a $12M [https://yieldfarmer.substack.com/p/defi-pulse-farmer-28?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjozMjUxMzQ1MCwiXyI6InFmb2Z2IiwiaWF0IjoxNjEzNjMwMjk1LCJleHAiOjE2MTM2MzM4OTUsImlzcyI6InB1Yi0zODQ1MSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.Z0JR7yJxUbQSCRL07x7HRdnOJv funding round] (2-2021). | *[[Balancer (BAL)|Balancer]]; part of a $12M [https://yieldfarmer.substack.com/p/defi-pulse-farmer-28?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjozMjUxMzQ1MCwiXyI6InFmb2Z2IiwiaWF0IjoxNjEzNjMwMjk1LCJleHAiOjE2MTM2MzM4OTUsImlzcyI6InB1Yi0zODQ1MSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.Z0JR7yJxUbQSCRL07x7HRdnOJv funding round] (2-2021). | ||
*Bitcoin. [https://decrypt.co/53121/three-arrows-capital-grayscale-bitcoin-trust-holdings-1-3-billion Bought] (4-1-2021) shares within the Bitcoin Trust of [[Grayscale]]: ''"The fund now owns nearly 38.9M shares, representing more than $1.31 billion in value."'' | *[[Bitcoin]]. [https://decrypt.co/53121/three-arrows-capital-grayscale-bitcoin-trust-holdings-1-3-billion Bought] (4-1-2021) shares within the Bitcoin Trust of [[Grayscale]]: ''"The fund now owns nearly 38.9M shares, representing more than $1.31 billion in value."'' | ||
* [[Bonfida]]; [https://www.theblockcrypto.com/linked/87811/decentralized-exchange-bonfida-seed-round participated] in a $4.5M seed round (15-10-2020). | * [[Bonfida]]; [https://www.theblockcrypto.com/linked/87811/decentralized-exchange-bonfida-seed-round participated] in a $4.5M [[seed]] round (15-10-2020). | ||
* DerivaDEX. Is [https://medium.com/derivadex/introducing-derivadex-a-next-generation-decentralized-exchange-for-derivatives-62cc0ab8ee7d one of the backers] in a $2.7M raise for [[DerivaDEX]] (2-7-2020). | * DerivaDEX. Is [https://medium.com/derivadex/introducing-derivadex-a-next-generation-decentralized-exchange-for-derivatives-62cc0ab8ee7d one of the backers] in a $2.7M raise for [[DerivaDEX]] (2-7-2020). | ||
* [[dHedge]]; one of the investors according to their [https://medium.com/dhedge-org/dhedge-roadmap-and-vesting-update-72f65794a31a blog] (2-11-2020). | * [[dHedge]]; one of the investors according to their [https://medium.com/dhedge-org/dhedge-roadmap-and-vesting-update-72f65794a31a blog] (2-11-2020). | ||
* DODO. [https://decrypt.co/44679/chinese-defi-project-dodo-raises-5-million-from-top-vcs Participated] in a $5M raise for [[DODO]] (15-10-2020). | * [[Dodo|DODO]]. [https://decrypt.co/44679/chinese-defi-project-dodo-raises-5-million-from-top-vcs Participated] in a $5M raise for [[DODO]] (15-10-2020). | ||
*[[dYdX]]; [https://decrypt.co/55396/defi-exchange-startup-dydx-raises-10-million-in-series-b participated] in the Series B round of $10M (26-1-2021). | *[[dYdX]]; [https://decrypt.co/55396/defi-exchange-startup-dydx-raises-10-million-in-series-b participated] in the Series B round of $10M (26-1-2021). | ||
*[[Ethereum (ETH)|ETH]]; reportedly bought $400 million worth of ether 8-12-2021, this came just after Zhu has been highly critical of Ethereum. From [[CoinDesk (DESK)|CoinDesk]]: ''"The move is especially notable given Zhu’s recent disavowal of Ethereum, claiming “zero newcomers can afford the chain” because of its high transaction fees. Zhu said in a Telegram chat with CoinDesk that the hedge fund is bullish on ETH because the macro environment has become calmer and that “both U.S. and Chinese stock markets are healthy.”'' | *[[Ethereum (ETH)|ETH]]; reportedly bought $400 million worth of [[ether]] 8-12-2021, this came just after Zhu has been highly critical of [[Ethereum]]. From [[CoinDesk (DESK)|CoinDesk]]: ''"The [[move]] is especially notable given Zhu’s recent disavowal of Ethereum, claiming “zero newcomers can afford the chain” because of its high [[transaction]] [[fees]]. Zhu said in a [[Telegram]] chat with [[CoinDesk]] that the hedge fund is [[bullish]] on ETH because the macro environment has become calmer and that “both U.S. and Chinese stock markets are healthy.”'' | ||
*Gitcoin. [https://vitalik.ca/general/2020/10/18/round7.html Is one of the funders] (18-10-2020) of [[Gitcoin]] Grant round 7 (and possibly continues to do so). | *Gitcoin. [https://vitalik.ca/general/2020/10/18/round7.html Is one of the funders] (18-10-2020) of [[Gitcoin]] Grant round 7 (and possibly continues to do so). | ||
* KeeperDAO. [https://www.theblockcrypto.com/post/73545/defi-project-keeperdao-seed-round Led] a "seven-figure" seed round for [[KeeperDAO]] (31-7-2020). | * KeeperDAO. [https://www.theblockcrypto.com/post/73545/defi-project-keeperdao-seed-round Led] a "seven-[[figure]]" seed round for [[KeeperDAO]] (31-7-2020). | ||
* Mina. Helped [https://www.coindesk.com/o1-labs-mina-protocol-funding-round-three-arrows raise] $10.9M for [[Mina]] (21-10-2020). | * Mina. Helped [https://www.coindesk.com/o1-labs-mina-protocol-funding-round-three-arrows raise] $10.9M for [[Mina]] (21-10-2020). | ||
*[[Nerve Finance (NRV)|Nerve Finance]]; part of a [https://nervefinance.medium.com/nerve-finance-strategic-round-led-by-3-arrows-capital-cms-holdings-and-alameda-research-2eb36b76a0cc $2M token OTC] (12-4-2021). | *[[Nerve Finance (NRV)|Nerve Finance]]; part of a [https://nervefinance.medium.com/nerve-finance-strategic-round-led-by-3-arrows-capital-cms-holdings-and-alameda-research-2eb36b76a0cc $2M token OTC] (12-4-2021). | ||
Revision as of 04:20, 21 March 2022
Basics
Investments
- Aave. Helped (15-7-2020) raise $3M for Aave.
- Aptos; took part in their $200m strategic round (15-3-2022).
- Avalanche; Polychain and Three Arrows lead $230m investment in Avalanche (17-9-2021).
- Balancer; part of a $12M funding round (2-2021).
- Bitcoin. Bought (4-1-2021) shares within the Bitcoin Trust of Grayscale: "The fund now owns nearly 38.9M shares, representing more than $1.31 billion in value."
- Bonfida; participated in a $4.5M seed round (15-10-2020).
- DerivaDEX. Is one of the backers in a $2.7M raise for DerivaDEX (2-7-2020).
- dHedge; one of the investors according to their blog (2-11-2020).
- DODO. Participated in a $5M raise for DODO (15-10-2020).
- dYdX; participated in the Series B round of $10M (26-1-2021).
- ETH; reportedly bought $400 million worth of ether 8-12-2021, this came just after Zhu has been highly critical of Ethereum. From CoinDesk: "The move is especially notable given Zhu’s recent disavowal of Ethereum, claiming “zero newcomers can afford the chain” because of its high transaction fees. Zhu said in a Telegram chat with CoinDesk that the hedge fund is bullish on ETH because the macro environment has become calmer and that “both U.S. and Chinese stock markets are healthy.”
- Gitcoin. Is one of the funders (18-10-2020) of Gitcoin Grant round 7 (and possibly continues to do so).
- KeeperDAO. Led a "seven-figure" seed round for KeeperDAO (31-7-2020).
- Mina. Helped raise $10.9M for Mina (21-10-2020).
- Nerve Finance; part of a $2M token OTC (12-4-2021).
- Perpetual Protocol; part of a $1.8M private sale (8-2020).
- StarkWare; part of a $75M raise (24-3-2021). Took part in the Series C raise of $50m (17-11-2021).
- SushiSwap; one of the biggest LPs, besides Alameda (30-10-2020).
- Switcheo raised $1.2M from them, among others (5-11-2020).
- Synthetix. Is an institutional liquidity provider in Synthetix (23-7-2020).
- Tranchess; part of the $1.5m seed round (5-7-2021).
- Worldcoin; one of the many VCs who participated in this controversial project (24-10-2021).
- Yearn. Purportedly purchased 133 YFI (2-11-2020).
Team
- Su Zhu; CEO
- Kyle Davies
- Is a member of CDA (8-7-2020).
