Abra CEO reveals how his lending firm weathered the Three Arrows Capital storm, and why other lenders failed

<p>As head of a retail crypto platform with lending exposure to Three Arrows Capital (‘3AC’), Abra CEO Bill Barhydt has personal insight into what led similar platforms to go bust in the wake of 3AC defaulting on $3.5 billion in loans across 27 different counterparties.</p><p>In this episode of The Scoop, Barhydt reveals how Abra has been able to remain operational despite 3AC exposure, and where other lenders who incurred severe losses from 3AC went wrong.</p><p>Adequately accounting for ‘concentration risk’ for example, which Barhydt describes simply as not putting “all your eggs in one basket,” has been key to...