ICYMI: Founders from a16z, Solana and more back new billion-dollar crypto fund
McCann — whose career has spanned systematic trading at John Burbank'sto strategy at Microsoft — has named the crypto market's latest investment firm Asymmetric.
McCann, to be sure, is not the only fund manager touting technological chops. a16z Crypto recently launched a fully fledged research lab to tackle some of crypto's thorniest problems, while Paradigm is known for hiring top-tier developers to work alongside its investors. That's an interesting position to take in a market where many funds rode the wave to riches on one protocol or token bet.
For instance, the fund may see something like ether as undervalued. Rather than simply purchasing more ETH over-the-counter, the fund might express such a view through options.