Parataxis was able to avoid exposure to FTX’s collapse due to its policy of not trading on offshore exchanges, said Chin, and didn’t face a rush of redemptions from investors. Though crypto is obviously in a bear market, the atmosphere is different from the previous one, Chin said, when the talk had turned to whether crypto would continue to exist as an asset class.
Pension Fund-Backed Parataxis Capital Shakes Off Crypto Winter With New Fund
