According to Unchained, Asymmetric founder Joe McCann will serve as the CEO of Accelerate, a new Solana treasury company, and plans to raise $1.51 billion to become the largest Solana treasury company, and is expected to purchase about 7.32 million SOLs.
Currently, the Liquid Alpha Fund managed by McCann is facing public pressure due to a loss of 80%. He has announced the closure of the fund and allowed investors to exit or transfer into illiquid assets.
34.43K
30
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.