Zhu Su: The FTX collapse set the crypto industry back 7 to 8 years and may lead to the establishment of a new all-weather fund

ChainCatcher news, according to Bloomberg, Three Arrows Capital co-founder Zhu Su stated in an interview in Abu Dhabi: "Some industry leaders say that the collapse of FTX set the industry back 5 years, but I think it's more serious, probably seven to eight years. If the fundamental issues are not properly addressed, the regression will last even longer."

In addition, Zhu Su mentioned that after months of reflecting on the failure of Three Arrows Capital, he is considering establishing a new trading entity, perhaps a fund that invests in both crypto assets and traditional assets, "but I think this cannot be rushed. The domino effect of the FTX collapse has just begun, and there will be more dominoes falling." (source link)