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Asymmetric Financial founder: Two of its funds are still investing in Bitcoin and increasing holdings in Solana
2024-08-11 14:57
Odaily News Odaily Planet Daily News Asymmetric Financial founder, CEO and chief investment officer Joe McCann revealed that his company manages two liquid funds with asset management scale (AUM) of 9 figures and 8 figures respectively. It is still investing in Bitcoin and increasing its holdings of Solana. Joe McCann said he believes SOL has the potential to surpass ETH. In addition, Kyle Samani, managing partner of Multicoin Capital, expressed his increased confidence in decentralized physical and virtual infrastructure network projects (DePIN and DeVIN) and stablecoins, while Cosmo Jiang, portfolio manager of Pantera Capital, emphasized that the company will continue to focus on fundamentals, especially in the fields of DeFi, DePIN and artificial intelligence. Pantera's investment areas include Solana, Toncoin, Hivemapper, Geodnet, Near and Bittensor, reflecting its wide interest in different industries.