Three Arrows Capital Founders Launch Open Exchange

Zhu Su and Kyle Davies, the founders of Three Arrows Capital (3AC), have teamed with the co-founders of crypto exchange CoinFlex on the creation of Open Exchange, a public marketplace for crypto claims trading and derivatives.

It is said that the platform will build out fully decentralized custody/clearing in the coming months, then stocks/FX and other products. The claims waitlist is now open. $FLEX will be the primary token of the new exchange.