Ikigai Asset Management Suffers Heavy Loss By FTX
Ikigai Asset Management was unable to Ikigai a significant portion of the vast majority of its assets that were stored on FTX. Given that FTX just sought Chapter 11 bankruptcy protection, this is a significant loss for Ikigai.
Chief Investment Officer Travis Kling shared the state of the company on Twitter:
According to Kling, the company will keep trading its remaining assets and decide what to do with its venture fund, which was unaffected by the FTX demise.
Finally, the CIO apologized for siding with FTX in the past.
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