Holding WLD tokens valued at $567 million, Three Arrows Capital has strengthened its standing as the ninth largest holder of Worldcoin.

The liquidator address for Three Arrows Capital, known as 'Teneo: 3AC Liquidation,' has become a noteworthy entity in the crypto arena, particularly for its vast holdings in Worldcoin, which total over $602 million. This address, recognized by its beginning digits '0xc7c,' has secured its spot as the ninth largest holder of WLD in the world. cryptocurrency Data sourced from 0xScope reveals that this address currently possesses WLD tokens valued at $567 million, which astonishingly accounts for 94.1% of its entire asset portfolio. This strategic acquisition of WLD tokens underscores 3AC's early belief and investment in Worldcoin, a decision that has yielded returns amidst a rapidly shifting digital landscape.

Meanwhile, Worldcoin has reported that its crypto wallet application has exceeded 1 million users, marking a significant increase compared to the mere 100,000 daily active users recorded just last November. wallet This week, World App, the pioneering wallet designed for the Worldcoin initiative, has successfully crossed the 1 million daily user milestone. The growth of this community is truly commendable!

Zhu Su, one of the co-founders of Three Arrows Capital, took to social media to address various criticisms directed at his investment decisions made in 2021. The project faced a wave of negativity at that time, with numerous unfavorable media reports surfacing. As a result, many initial investors, including those involved in the seed funding, opted not to publicly support the initiative on platforms like Twitter. World App Zhu Su Reiterates Three Arrows Capital's Position as a Leading Holder of Worldcoin

In a post from November 21st, 2021, Su expressed his excitement about Worldcoin, calling it 'one of the most ambitious and inspiring initiatives' he had come across in the crypto sphere. Worldcoin Beyond its significant Worldcoin holdings, the liquidator address also boasts considerable investments in other digital assets. Among these are 8.437 million DYDX tokens, valued at around $26.91 million, alongside 5.75 million USDC and approximately 160,000 AXS tokens, the latter worth about $1.32 million.

The rise of Three Arrows Capital's liquidator address as a key player in the crypto field highlights the growing importance of institutional investment decisions within the increasingly complex digital asset landscape.

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Kumar is a seasoned tech journalist specializing in the exciting interplay of AI/ML, marketing technologies, and emerging sectors like cryptocurrency, blockchain, and NFTs. With over three years in the field, Kumar has built a reputation for creating compelling narratives, conducting engaging interviews, and producing thorough analyses. His expertise includes generating impactful content, such as articles, reports, and research papers for leading industry platforms. With a unique ability to blend technical insights with storytelling, Kumar effectively communicates complex tech concepts to a diverse audience in an engaging and understandable manner. cryptocurrency  sphere.

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