Pension Fund-Backed Parataxis Capital Shakes Off Crypto Winter With New Fund

Parataxis was able to avoid exposure to FTX’s collapse due to its policy of not trading on offshore exchanges, said Chin, and didn’t face a rush of redemptions from investors. Though crypto is obviously in a bear market, the atmosphere is different from the previous one, Chin said, when the talk had turned to whether crypto would continue to exist as an asset class.