OPNX, the bankruptcy claims exchange founded by the same people who started failed crypto hedge fund Three Arrows Capital (3AC), finally identified its financial backers in a tweet Friday.
Not long after, three of those supposed "major investors" – trading firms Susquehanna International Group (SIG) and DRW, as well as venture-capital firm Nascent – denied what OPNX said.
OPNX was previously known as CoinFlex, a crypto exchange that's restructuring in the Seychelles. In recent months 3AC founders Su Zhu and Kyle Davies partnered with CoinFlex – which has a token called FLEX – to get this new OPNX exchange going. DRW and Nascent had been investors in CoinFlex.