TechFlow, July 24 — According to CoinDesk, Joe McCann announced the gradual shutdown of Asymmetric's Liquid Alpha fund due to a significant decline in its value this year, with unconfirmed rumors suggesting a drop as high as 78%. McCann stated the fund's strategy "no longer aligns with LP interests," and Asymmetric will abandon its liquidity trading strategy, shifting focus to long-term investments in blockchain infrastructure.
Investors may choose to exit regardless of lock-up periods or transfer their capital into a new illiquid investment structure. Although Liquid Alpha is struggling, Asymmetric’s other business units, particularly its venture capital strategy, remain intact and will continue supporting early-stage blockchain projects.
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