TechFlow News — According to official announcements, Three Arrows Capital has officially become the eighth member and a whitelisted institution of the TRON DAO Reserve.
The TRON DAO Reserve, initiated by the TRON network, aims to protect the blockchain industry and market, mitigate extreme and prolonged bear markets, and address panic caused by financial crises. Additionally, the TRON DAO Reserve acts as the initial custodian responsible for managing the permissions of Decentralized USD (USDD), TRON's decentralized stablecoin, backed by its reserve financial assets to ensure exchange rate stability of USDD.
Three Arrows Capital is a cryptocurrency hedge fund management firm founded in 2012, focused on delivering superior risk-adjusted returns, established by Zhu Su and Kyle Davies.
