{"id":77669,"date":"2023-04-21T18:59:58","date_gmt":"2023-04-21T15:59:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77669"},"modified":"2025-09-11T00:35:28","modified_gmt":"2025-09-10T21:35:28","slug":"exchange-founded-by-3ac-founders-reveals-its-leading-investors","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/exchange-founded-by-3ac-founders-reveals-its-leading-investors\/","title":{"rendered":"Exchange founded by 3AC founders reveals its leading investors"},"content":{"rendered":"<p>The cryptocurrency exchange OPNX, founded by the co-founders <a href=\"https:\/\/u1f987.com\/en\/news\/british-virgin-islands-court-orders-liquidation-of-three-arrows-capital\">of the bankrupt hedge fund <span data-descr=\\\"Three Arrows Capital\\\" class=\\\"old_tooltip\\\">3AC<\/span><\/a> Su Zhu and Kyle Davies, disclosed its leading investors.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">2\/ Merchant Bank International, Token Bay Capital, Nascent, Tuwaiq Limited and many more<\/p>\n<p>They contributed not just capital, but also incredible feedback throughout the process of refining our vision, product offerings, tokenomics, legal framework &#038; decision to relocate to HK.<\/p>\n<p>\u2014 OPNX ? (@OPNX_Official) <a href=\\\"https:\/\/twitter.com\/OPNX_Official\/status\/1649426189931405317?ref_src=twsrc%5Etfw\\\">April 21, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n\\n\\n<\/p>\n<p>They include AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent, Tuwaiq Limited, and others.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to journalist Colin Wu, many of the supporting platforms are from the Greater China region.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">OPNX launched by the founders of 3AC, announced that its investors include AppWorks, SIG, DRW VC, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent and Tuwaiq Limited. Earlier, OPNX completed a financing of $25 million. Many of them are from the Greater\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\\\"https:\/\/twitter.com\/WuBlockchain\/status\/1649430846229606404?ref_src=twsrc%5Etfw\\\">April 21, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n\\n\\n<\/p>\n<p>Earlier, Davies and Zhu <a href=\"https:\/\/u1f987.com\/en\/news\/3ac-founders-plan-to-raise-25-million-for-a-new-project-reports-say\">planned to raise $25 million<\/a> for launching the cryptocurrency exchange with active involvement from representatives <a href=\"https:\/\/u1f987.com\/en\/news\/coinflex-seeks-restructuring-in-seychelles-court\"><a href=\\\"https:\/\/u1f987.com\/news\/coinflex-podala-v-sud-zayavku-na-restrukturizatsiyu\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener\\\">bankrupt CoinFLEX<\/a><\/a> became known in January.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>A month later, BitMEX CEO Arthur Hayes <a href=\"https:\/\/u1f987.com\/en\/news\/arthur-hayes-says-3ac-founders-have-raised-funds-to-launch-gtx\">pointed<\/a> to the potential implementation of a similar initiative.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Later, Zhu <a href=\"https:\/\/u1f987.com\/en\/news\/3ac-founder-to-launch-opnx-exchange-to-trade-claims\">announced<\/a> the launch of a waitlist for platform access. According to him, OPNX is a way to \\&#8221;atone for past mistakes.\\&#8221; Many members of the community greeted the project with skepticism and outrage.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The CEO of OPNX is Leslie Lamb, wife of former CoinFLEX CEO Mark Lamb.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In April, the exchange team <a href=\"https:\/\/u1f987.com\/en\/news\/3ac-founders-launch-crypto-exchange-opnx-and-announce-flex-token-airdrop\">announced<\/a> the official launch and unveiled the FLEX token airdrop.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange OPNX, founded by the co-founders of the bankrupt hedge fund 3AC Su Zhu and Kyle Davies, disclosed its leading investors.<\/p>\n","protected":false},"author":1,"featured_media":77670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1352],"class_list":["post-77669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-three-arrows-capital"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=77669"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77669\/revisions"}],"predecessor-version":[{"id":77671,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77669\/revisions\/77671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/77670"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=77669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=77669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=77669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}