After facing hundreds of millions of dollars in liquidations, Three Arrows Capital's future is uncertain

According to well-placed sources, the investment firm – which counts the likes of options exchange Deribit and financial services firm BlockFi among its venture bets – is in the process of figuring out how it can make itself whole with lenders and other counter-parties after it was liquidated by top tier lending firms in the space.

Sources declined to share the names of those firms on the record for fear of reprisal, but three people said the liquidation totaled $400 million among lending firms.

[Via]

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