Ikigai Asset Management Had 'Large Majority' of Assets on FTX, Unclear Whether It Will Be Able to Continue

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Ikigai Asset Management Had 'Large Majority' of Assets on FTX, Unclear Whether It Will Be Able to Continue
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JUST IN: California-based hedge fund Ikigai Asset Management says it had a 'large majority' of its assets on collapsed crypto exchange FTX and has been only able to get “very little” out. By OKnightCrypto

California-based hedge fund Ikigai Asset Management had a"large majority" of its assets on defunct crypto exchange FTX, according to the firm's founder and chief investment officer Travis Kling.

In his Twitter thread, Kling said that in the near term, the company would continue trading the assets it has that are not stuck in FTX, and also make a decision about what to do with its venture fund, which was not affected by FTX.

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