Crypto asset management firm Ikigai Asset Management is among the companies to get caught up in the FTX žlugimas as it had a large portion of its assets on the collapsed exchange, according to the firm’s founder and chief investment officer, Travis Kling.
Deja, turiu pasidalinti gana blogomis naujienomis. Praėjusią savaitę „Ikigai“ pateko į FTX žlugimą. Didžiąją dalį viso rizikos draudimo fondo turto turėjome FTX. Tuo metu, kai nuėjome atsiimti pirmadienio mrng, gavome labai mažai. Dabar esame įstrigę šalia visų kitų.
- Travisas Klingas (@Travis_Kling) Lapkritis 14, 2022
Kling, however, asserted that he had been constantly in contact with the firm’s investors since Monday, and he accepted full responsibility for any loss of funds.
Tai buvo visiškai mano kaltė, o ne kas nors kitas. Aš praradau savo investuotojų pinigus, kai jie manimi patikėjo valdyti riziką, ir dėl to labai apgailestauju. Daug kartų viešai pritariau FTX ir nuoširdžiai dėl to apgailestauju. Aš buvau neteisus.
- Travisas Klingas (@Travis_Kling) Lapkritis 14, 2022
While there is uncertainty about the “timeline and potential recovery for FTX customers,” Kling said the firm would continue to trade assets that are not trapped on FTX.
Over the coming weeks and months, the timeline and potential recovery for FTX customers will become clearer. Right now, it’s really hard to say. At some point, we’ll be able to make a better call on whether Ikigai is going to keep going or just move into winddown mode.
- Travisas Klingas (@Travis_Kling) Lapkritis 14, 2022
Additionally, the founder of Ikigai indicated that the firm is yet to decide what to do with its venture fund, which was not affected by FTX.
Call for a complete re-architecture
Travis Kling doesn’t expect a quick recovery from the current crisis.
Trūksta žodžių dėl kriptovaliutų prasiskverbiančių šūdo dalių. Tiek daug sušiktų sociopatų buvo suteikta galimybė padaryti tiek daug žalos. Man sunku įsivaizduoti, kad erdvė greitai atsimuštų po šio išbandymo. Per daug nudegė per stipriai.
- Travisas Klingas (@Travis_Kling) Lapkritis 14, 2022
For crypto to recover and continue on its “journey to make the world a better place,” Kling believes the entire concept of trust has to be completely rearchitected.
“Bitcoin is trustless. Then we built all these trusted things around it, and those things have failed catastrophically,” Kling said.
A Twitter user going by David Lin replied to Kling by claiming that CEXs circumvents Bitcoin’s solution, sharing the same sentiment with other users about centralized entities.
I guess everyone is going to point you out in the Bitcoin trust issue. Bitcoin was designed to address this exact problem. Just that CEX are exactly the way to circumvent the the solution Bitcoin provides.
— David Lin (@rayhan_inv) Lapkritis 14, 2022
Founded in 2018, Ikigai raised $30 million from its existing investors last May to start a new venture fund, the Ikigai Trust Revolution Opportunities Fund, to invest in early-stage Web3 initiatives.
A pranešimą spaudai describes the launch of the Ikigai Trust Revolution Opportunities Fund as a departure from Ikigai’s historical approach to investing, which over the last few years focused primarily on systematic, model-driven exposure to bitcoin.
Source: https://cryptoslate.com/crypto-asset-management-firm-ikigai-caught-up-in-the-ftx-collapse/