How A $47B Hedge Fund Invests in Crypto - Avi Felman, GoldenTree, Ep 221

GoldenTree, one of the largest independent asset managers with $47 billion AUM recently announced their official foray into the crypto space with a new subsidiary GoldenChain and a $5.2 million investment in Sushi While traditional funds entering the crypto space is becoming more common, GoldenTree’s entrance is huge news because of their caliber and active investment strategy Today on Blockcrunch, we have Avi Felman, GoldenChain’s Head of Digital Asset Trading to share with us: How might crypto markets evolve over the years Frameworks for short-term and long-term trading GoldenChain’s thesis for $5.2 million investment into Sushi and their plans   Host: Jason Choi @mrjasonchoi . Not financial advice.   ------------ Timestamps ------------- (00:00:00) – Introduction (00:01:42) – Avi’s road to investing in crypto professionally (00:05:52) – GoldenTree, a $47b fund’s foray into crypto (00:09:19) – Evolution of crypto markets (00:20:37) – Categorizing different bets (00:26:12) – System for short-term trading (00:31:43) – Investing for the long-term (00:36:30) – GoldenTree’s investment thesis in SUSHI (00:42:53) – Restructuring a decentralized organization ----------- Sponsors ------------- dYdX is the Leading Decentralized Exchange for trading perpetual contracts. Users enjoy low fees, deep liquidity, up to 20x more buying power and even earn $DYDX from trading. Trade on dYdX today at: https://trade.dydx.exchange   ----------- More Resources --------- Guest Avi Felman’s Twitter: https://twitter.com/AviFelman Blockcrunch Blockcrunch VIP: https://blockcrunch.substack.com/ Blockcrunch Twitter: https://twitter.com/theBlockcrunch Jason Choi’s Twitter: https://twitter.com/mrjasonchoi ------------ Disclosures ------------- Disclaimer: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.