I want to address some changes to our fund structure at Asymmetric and misinformation circulating from a handful of people here yesterday.

Asymmetric’s Liquid Alpha Fund was built for markets defined by high volatility. For years, we stuck by our guns and our strategy delivered - however, that strategy clearly is no longer serving our LPs. We have become Asymmetric by distinguishing ourselves with a relentless commitment to our LPs and our accountability, and our job is to adapt with discipline and build for what’s next.

I’ve notified our LPs that we are shifting away from liquid trading strategies. Investors in our liquid funds have been given the choice to exit (irrespective of any customary lock-up periods) or to roll over available capital into a specific illiquid investment. And I want to stress, since inception, every valid redemption request from Asymmetric’s liquid funds has been honored.

Asymmetric Financial is comprised of multiple investment vehicles, and while the Liquid Alpha Fund struggled this year, our other vehicles have performed. Our venture strategy remains unchanged and unwavering in its commitment to source and support the future of blockchain. We aren’t going anywhere.

Throughout my career in finance, and especially in crypto, there have been plenty of ups and downs to test one's resolve. No investor looks forward to sharing results that aren’t what you’d hoped they would be. But the only way forward is through. It's a remarkable time to back the builders of crypto and invest with a long term view. It takes fortitude to adapt when the market shifts, and we’re deeply grateful to our LPs who remain steadfast partners as we continue to evolve together. No further comment will be given at this time. Back to building.