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BlockFi Liquidated Three Arrows Capital: Report
CEO Zac Prince tweeted that the crypto lender “exercised our best business judgment.”
By Danny Nelson
Updated May 11, 2023, 4:20 p.m. Published Jun 16, 2022, 8:06 p.m.
Crypto lender BlockFi confirmed Thursday it recently liquidated a “large client” amid reports that troubled crypto hedge fund Three Arrows Capital failed to meet margin calls.
- “We exercised our best business judgment recently with a large client that failed to meet its obligations on an overcollateralized margin loan,” CEO Zac Prince tweeted. “We fully accelerated the loan and fully liquidated or hedged all the associated collateral.”
- Prince’s tweet followed a Financial Times report that Three Arrows – a massive crypto venture capital and trading fund – was liquidated by BlockFi and other top-tier crypto lending firms after it failed to top up its loan collateral.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Crypto’s Machine Learning ‘iPhone Moment’ Comes Closer as AI Agents Trade the Market
Recall Labs, a firm that has run 20 or so AI trading arenas, pitted foundational large language models (LLMs) against customized trading agents.
What to know:
- Specially customized AI trading tools outperformed LLMs such as GPT-5, DeepSeek and Gemini Pro.
- Rather than simply using profit and loss to measure success, AI agents balance risk and reward when faced with a multitude of market conditions.
- As in TradFi, hedge funds and family offices with the resources to invest in the development of custom AI trading tools will be first to reap the rewards.
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