TechFlow reports, two fundraising presentations show that Three Arrows Capital co-founders Su Zhu and Kyle Davies are seeking to raise $25 million to launch a new cryptocurrency exchange, GTX.
The duo is partnering with CoinFlex co-founders Mark Lamb and Sudhu Arumugam to establish the new company, aiming to begin offering trading of crypto bankruptcy claims as early as February.
Mark Lamb declined to comment on the fundraising news. Kyle Davies did not immediately respond to requests for comment.
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