How a Crypto Quant Firm Shook Off the Bear Market – and FTX Exposure

From coindesk.com

Crypto quantitative trading firm Pythagoras Investment Management LLC made it through the turmoil of 2022 in a rare position. The firm’s funds were up 8% for the year even with exposure to the implosion of crypto exchange FTX. However, the market turbulence halved the company's assets under management to less than $40 million as wary investors stepped to the sidelines. In a chat with CoinDesk, Pythagoras founder and CEO Mitchell Dong discussed the firm’s market-topping strategies, how risk mitigation has changed post-FTX, and why there’s still hope for the future of crypto. Market neutral fund strategy: The ... (full story)