Crypto Industry CEO Emphasizes Caution with Leverage

Reported 12 months ago

Asymmetric Financial CEO Joe McCann discussed modernizing crypto fund management, describing the firm's approach as a technology-based crypto fund integrating hedge funds and digital asset services. McCann highlighted the importance of risk management and advised against extreme leverage in the $2.42 trillion crypto industry, stressing the need for evaluating factors like counterparty and exchange risk when investing in crypto hedge funds and venture capital funds.

Source: YAHOO

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