Arthur Hayes: Selling PENDLE, But Still Believes It Will Be a Crypto Interest Rate Derivatives Leader
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September 21, 2024
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BitMEX Co-founder Decreases PENDLE Holdings, But Remains a Major Investor
According to Mars Finance, Arthur Hayes, co-founder of BitMEX, has announced his family office fund is reducing its position in PENDLE. Despite this reduction, PENDLE remains one of the fund's largest holdings.
"We still believe wholeheartedly in PENDLE's potential as a leading provider of crypto interest rate derivatives. We have reduced our position to fund a specific opportunity. Those following our wallet will see the details soon."
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