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Founder of Asymmetric Financial: Two of its funds are still investing in bitcoin while increasing their holdings of Solana

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2024-08-11 14:53:14
Joe McCann, founder, CEO and chief investment officer of Asymmetric Financial, revealed that his firm, which manages two liquid funds with nine-figure and eight-figure asset management (AUM), is still investing in bitcoin while increasing its holdings of Solana. Joe McCann said he believes SOL has the potential to surpass ETH.
In addition, Kyle Samani, Managing Partner of Multicoin Capital, expressed increased confidence in decentralized physical and virtual infrastructure network projects (DePIN and DeVIN) and stablecoins, while Cosmo Jiang, Portfolio Manager at Pantera Capital, emphasized that the company will continue to focus on fundamentals, particularly in the DeFi, DePIN, and artificial intelligence sectors. Pantera's investment areas include Solana, Toncoin, Hivemapper, Geodnet, Near, and Bittensor, reflecting its broad interest in different industries.
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