OPNX, the exchange of Three Arrows Capital co-founders Zhu Su and Kyle Davies, showcased its investors. But the investors said "don't let everyone know that we invested, you'll lose face", specifically:
Investors disclosed by OPNX include AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent and Tuwaiq Limited. The list includes both investors through CoinFLEX and direct investors from OPNX.
Following the announcement, Nascent said on Twitter:
"Nascent did not participate in the OPNX fundraising round, we only invested in the FLEX token in early 2021."
Additionally, SIG, DRW and MIAX Group all denied that they invested in OPNX.
OPNX sulked and Tweeted:
“Our core value is transparency. We believe in full disclosure of information about our institutional supporters and key strategic partners. It's a scam when companies seek financial gain while at the same time denying links due to fear of social media backlash. Dedicated to the transparency and progress of the industry, we express our disappointment in their misrepresentation and do not want them as investors in the future.”
Do you think Zhu Su and Kyle Davies will succeed with this project or will they fail a second time?
