Three Arrows Capital Founders Shake Up Crypto Industry with New Crypto Exchange After Acquiring CoinFLEX Assets – Here's What You Need to Know
Su Zhu and Kyle Davies, the two founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC), have completed a funding round for their new OPNX exchange and will acquire the remaining assets of the troubled exch...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The news that fundraising for the new exchange has been completed was shared in a Twitter thread by a popular community member and DeFi researcher Ignas, who said Kyle Davies had reached out to him and confirmed the news....
Read More: Three Arrows Capital Founders Shake Up Crypto Industry with New Crypto Exchange After Acquiring CoinFLEX Assets – Here's What You Need to Know
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
StakerX’s AI Agent Surpasses Passes $40M Staked Assets on Solana Within Three Months of Launch
Zug, Switzerland, October 19th, 2026, Chainwire StakerX’s AI Agent Surpasses Passes $40M Staked Assets on Solana Within Three Mont...
Ethereum Price Prediction: JPMorgan Brings Wall Street Closer to ETH
Ethereum is trading at just above $2,400, flat in 24 hours, but its price prediction might get a boost. JPMorgan just extended its...
Revolut Wins Gibraltar Crypto License, Reopens Sign-Ups for Local Residents
Gibraltar's financial regulator has authorized a new Revolut subsidiary to provide crypto services, the government said today (Mon...
More Holders, Little Trading: The RWA Liquidity Problem Is Worse Than You Think
Let me ask you something straight. Does real-world asset trading on crypto exchanges feel like a genuine revolution, or does it fe...
Logos launches evidence layer for tokenized assets at Money20/20
Logos' evidence layer could streamline tokenized asset evaluation, reducing redundancy and fostering industry-wide standardization...
JPMorgan Picks Ethereum for JPM Coin, Citing the Network’s Liquidity and Client Use
JPMorgan is launching JPM Coin, its dollar deposit token, on Ethereum and will offer it to the bank’s institutional clients there,...