Sino Global Capital, which primarily invests in the Solana ecosystem, said in a tweet that it has custody of seven-figure (millions of dollars) assets on FTX, and that the equity investment in FTX was made before the launch of their fund and that no LP capital was invested in FTX.

Wu said that he learned that Sino Global Capital, which mainly invests in the Solana ecosystem, stated in a tweet that it has custody of seven-digit (millions of US dollars) assets on FTX, and the equity investment in FTX was made before the launch of their fund, and no LP capital was invested in FTX. Sino Global Capital is still in operation and continues to invest in startups.