Three Arrows Capital, once a major powerhouse in cryptocurrency investments, has ventured into meme coins. The founders, based in Singapore, aim to capitalize on the potential of meme coins in the current crypto market landscape.

New investment strategy

Su Zhu, co-founder of Three Arrows Capital, actively engages in meme coin trading, as evidenced by his social media posts. New investments include projects like 'Fat Girlfriend' and 'Astrofolio', focused on astrological signs, highlighting the company's shift toward the meme coin market.

Meme coin market and supercycle

At the recent Token2049 conference in Singapore, meme trader Murad Mahmudov noted that meme coins could offer a fresh twist in a market saturated with VC-backed altcoins. Su Zhu forecasts that institutional investors will soon turn their attention to meme coins.

Prospects and challenges

Following the failure of their crypto exchange OPNX, Three Arrows Capital supported the new meme coin exchange OX.Fun. Although the original company was declared bankrupt and liquidated in 2022, new company projects like Retardio and Hanbao continue to attract investor attention.

The future of Three Arrows Capital largely hinges on the success of its meme coin investments. Time will tell if the founders' predictions come true.