Davies

Coin

<ul class="news-points"> 
 <li>Three Arrows co-founder Kyle Davies launches a new VC fund, 3AC Ventures.</li> 
 <li>Davies claimed that 3AC Ventures operates without leverage, debt, or fear.</li> 
 <li>OPNX was roundly mocked after announcing 3AC Ventures as its ecosystem partner.</li> 
</ul> 
Three Arrows co-founder <a href="https://coinedition.com/3ac-co-founder-kyle-davies-fails-to-respond-to-subpoena/">Kyle Davies</a> tweeted on June 23 that “3AC is dead,” while celebrating the launch of his new VC fund, Three Arrows Capital (3AC) Ventures. Davies’ tweet follows right after OPNX announced 3AC Ventures as its ecosystem partner. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 3AC is dead, long live 3AC Ventures <a href="https://t.co/61s8uQquOZ" target="_blank" rel="nofollow">https://t.co/61s8uQquOZ</a>— Kyle Davies 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f402.png" alt="🐂" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@KyleLDavies) <a href="https://twitter.com/KyleLDavies/status/1671505640848515072?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 21, 2023</a>
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 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
In response to Davies’ tweet, Nansen AI CEO Alex Svanevik asked the question on everybody’s mind: “It’s a fork of 3AC without the debt?” To which Davies replied, 
<blockquote class="wp-block-quote"> 
 No leverage, no debt, no fear. 
</blockquote> 
The original announcement tweeted by OPNX’s was met with skepticism. One experienced crypto trader commented that 3AC Ventures focuses on superior risk-adjusted “losses” with “max” leverage. 
Similarly, WOO Network partner Cevo also questioned 3AC Venture’s promise to deliver superior risk-adjusted returns without leverage. Meanwhile, George Harrap, the co-…
The post <a rel="nofollow" href="https://coinedition.com/kylie-davies-launches-vc-fund-3ac-ventures-eyes-roll-on-twitter/">Kylie Davies Launches VC Fund 3AC Ventures, Eyes Roll on Twitter</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Kylie Davies Launches VC Fund 3AC Ventures, Eyes Roll on Twitter

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