Kyle Davies on portfolio margin
From From $3B Collapse to Meme Coin Kings: Zhu Su & Kyle Davies · · Handsome Finance
“I think that there is a lot of demand for portfolio margin that was one of the big things that FTX did well portfolio margin yes which is which is the meaning is that you can trade with many different types of coins as margin in other words in other words if you have an altcoin if you have some random coin that you don't want to sell but you to use it to buy pers on salana or buy perss on ethereum like ether you can do so on oxone and that's that's I think very powerful because uh it gives you more things to do with your Capital it's not just this coin that sits there instead right”
On , Kyle Davies, Cofounder at Three Arrows Capital, spoke about portfolio margin during From $3B Collapse to Meme Coin Kings: Zhu Su & Kyle Davies on Handsome Finance.
About Kyle Davies
Kyle Davies, co-founder of the bankrupt crypto hedge fund Three Arrows Capital (3AC), has given several interviews in late 2024. In a December 2024 appearance on the Future Money podcast, Davies stated he felt "awesome" about 3AC, describing it as a "10-year fund" with a "pretty wild 10-year period of success." He declined to apologize for the fund's bankruptcy, saying "companies go bankrupt, almost every company goes bankrupt." Davies said he and his co-founder Su Zhu are "still young" and "still think we can add value in various ways," including by telling "the next Three Arrows how to do things better when they go bankrupt." He also commented on the current crypto market, stating he is "very bullish" and that it is giving him "late 2019 / early 2020 vibes." Davies has also discussed his legal situation and current location. He stated he would not return to Singapore "immediately" to face potential jail time, but said "these things resolve at some point — there are settlements." Davies claimed he is in Europe and said he does not see a reason he could not return to the United States, where his family is, but has not done so. He attributed his and Zhu's failure to appear for a court date to their lawyers, saying "maybe we should sack our lawyers for not informing us about the court date." Davies also discussed his involvement in the failed project OpenX, which he described as an adviser role, and a new project called OX.