3AC Founder’s OPNX Exchange Claims Funding From AppWorks, SIG, MIAX Group

OPNX, the exchange co-founded by members of the Three Arrows Capital (3AC) team and Coinflex, has released a list of venture capital firms that support it. In a video posted on April 21 by the company, byCEO Leslie Lamb thanked the project’s main backers: AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International and Token Bay Capital.

OPNX has come under heavy criticism in the crypto community for its association with Su Zhu and Kyle Davies, the founders of bankrupt hedge fund 3AC, with the company behind the project claiming to help get their clients’ failed crypto investments back. again

According to a video uploaded on April 21, OPNX backers have been funding various tech and financial projects, with SIG previously being one of TikTok’s early backers and MIAX Group owning stock and options trading platforms. regulated by the United States, AppWorks has list Listed in Cunchbase as a partial owner of Uber.

However, at least one of the companies mentioned in the video has declined to fund the project. DeFi trading firm Nascent stated that it purchased Coinflex tokens in early 2021 but did not join the funding for OPNX.

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