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TechFlow news, October 5 — Zhu Su, co-founder of Three Arrows Capital, posted on a social platform stating that reportedly, investment funds which previously declined to invest in meme coins are now facing scrutiny from their limited partners (LPs), questioning why they missed out on this market rally. Zhu Su believes institutional allocation to meme coins is likely to become a key topic in Q4 2024.
Zhu Su, co-founder of Three Arrows Capital, posted on a social media platform stating that reportedly, investment funds which previously declined to invest in meme coins are now facing scrutiny from their limited partners (LPs), questioning why they missed out on this market rally. Zhu Su believes institutional allocation to meme coins is likely to become a focal topic in the fourth quarter of 2024.
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