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Galston + Daniel Henninger + Holman W. Jenkins + Andy Kessler + William McGurn + Walter Russell Mead + Peggy Noonan + Mary Anastasia O'Grady + Jason Riley + Joseph Sternberg + Kimberley A. Strassel More + Editorials + Commentary + Future View + Letters to the Editor + The Weekend Interview + Potomac Watch Podcast + Foreign Edition Podcast + Free Expression Podcast + Opinion Video + Notable & Quotable * Books & Arts Reviews + Film + Television + Theater + Masterpiece Series + Music + Dance + Opera + Exhibition + Cultural Commentary Sections + Arts + Books More + WSJ Puzzles + Life Video + Arts Video * Real Estate Sections + Commercial Real Estate More + Real Estate Video * Life & Work Sections + Cars + Careers + Food & Drink + Home & Design + Ideas + Personal Finance + Recipes + Travel + Wellness Columns + Your Health + Work & Life + The Middle Seat + Bonds + At Work + Turning Points + On Wine + On The Clock More + WSJ Puzzles + Space & Science * Style Sections + Fashion + Film + Television + Music + Art & Auctions Columns + My Monday Morning + Off Brand + On Trend * Sports Sections + Beijing 2022 Olympics + MLB + NBA + NFL + Golf + Tennis + Soccer Columns + Jason Gay Search [ ]Search BREAKING NEWS Stocks closed mixed Friday, with the S&P and Nasdaq higher but the Dow off about 40 points, posting weekly losses as investors assessed the economic outlook Share * Facebook * Twitter * LinkedIn * Copy Link * WSJ News Exclusive * Markets Crypto Hedge Fund Three Arrows Capital Considers Asset Sales, Bailout Firm's founders say they still believe in the future of cryptocurrencies WSJ's Dion Rabouin explains why Wall Street is now betting big on crypto and what that means for the new asset class and its future. Photo composite: Elizabeth Smelov By Serena Ng June 17, 2022 8:45 am ET Cryptocurrency-focused hedge fund Three Arrows Capital Ltd. has hired legal and financial advisers to help work out a solution for its investors and lenders, after suffering heavy losses from a broad market selloff in digital assets, the firm's founders said on Friday. "We have always been believers in crypto and we still are," Kyle Davies, Three Arrows's co-founder, said in an interview. "We are committed to working things out and finding an equitable solution for all our constituent." Subscribe Sign In [wsj-logo-b] Continue reading your article with a WSJ membership View Membership Options Resume Subscription We are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. 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