The Ethereum Merge

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One of the most anticipated events in the history of the digital asset industry took place on September 15th 2022 – The Ethereum Merge. This is expected to bring about a host of emerging investment narratives for crypto’s second largest asset by market cap and largest smart contract platform. With this letter, we aim to provide key information related to The Ethereum Merge.


DeFi Worked Great

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Over the past few months, Digital Assets and Decentralized Finance (DeFi) have received negative press from traditional media following the events that lead to the liquidation of Terra/Luna, Celsius and Three Arrow Capital, et al


Note from the Fund Manager

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With prices plummeting, protocols imploding, and centralised financial entities (CeFi) going under, crypto has experienced an incredibly tumultuous start to the year.


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