Three Arrows Co-Founders Raised Big Money from Bahrain SWF, Says Arthur Hayes

Arthur Hayes, co-founder of crypto exchange BitMEX, said on Twitter he's told that Zhu Su and Kyle Davies, co-founders of Three Arrows Capital (3AC), raised "big money" from Bahrain SWF, and they are trading via Tai Ping Shan Capital, which was 3AC's over-the-counter trading desk.

This Tuesday, OPNX, the claims exchange founded by Zhu Su and Kyle Davies, officially went live. According to previous report, the duo raised $25 million for the exchange. However, it only generated $13.64 in volume on its first day of trading. In addition, OPNX's official Twitter account is now frozen. Zhu Su said that the users can use OPNX's Chinese Telegram group.

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