Three Arrows Capital is considering asset sales and a bailout as it deals with a major liquidity crisis, The Wall Street Journal has reported. Key TakeawaysThree Arrows Capital is considering selling its assets or seeking rescue from another firm to deal with its ongoing liquidity issues, The Wall Street Journal has reported. Three Arrows Capital has reportedly hired legal and financial advisors to help it establish a plan to pay back investors and lenders. In the Wall Street Journal report, Davies revealed that the firm had invested $200 million in Terra’s LUNA token before it collapsed to zero last month. Nichol Yeo of Solitaire LLP, a legal firm advising Three Arrows, told The Wall Street Journal that the firm is keeping the Monetary Authority of Singapore updated on its plans.

Source: Wall Street Journal June 19, 2022 09:16 UTC