Crypto hedge fund Three Arrows Capital considers asset sales, bailout: report

A logo sits on the windows of the offices of La Maison du Bitcoin bank in Paris, France, on Thursday, Nov. 23, 2017. Photographer: Christophe Morin/Bloomberg

Cryptocurrency hedge fund Three Arrows Capital is exploring options, including the sale of assets and a bailout by another firm, the Wall Street Journal reported on Friday.

The crypto market has suffered heavy losses, with companies such as Coinbase, Gemini, Blockfi and Crypto.com laying off thousands of employees, as investors sell risky assets in a rising interest rate environment.

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