Asymmetric Gradually Winds Down Liquid Alpha Fund, Shifts Focus to Long-Term Blockchain Infrastructure Investment

According to Jinse Finance, Joe McCann has announced the gradual closure of Asymmetric’s Liquid Alpha fund due to a significant decline in the fund’s value this year, with unconfirmed reports suggesting a drop of up to 78%. McCann stated that the fund’s strategy “no longer aligns with LP interests,” and Asymmetric will abandon its liquidity trading strategy to focus on long-term investments in blockchain infrastructure. Investors can choose to exit without regard to the lock-up period or transfer their funds into a new illiquid investment structure. Despite the difficulties faced by Liquid Alpha, Asymmetric’s other business divisions, especially its venture capital strategy, remain intact and will continue to support early-stage blockchain projects.