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Crypto fund weathers first big market drop

Danish-founded crypto fund Ark36 has come out on the other side of the first big market drop since it was created. The CEO is satisfied with the result, using it to argue for risk before returns thinking. "Once you have fallen while rollerskating, it is too late to put on kneepads," he says.

Ulrik Lykke, CEO at Ark36. | Photo: PR/Ark 36

Since Ark36 was created last autumn, cryptocurrency markets had been doing notably well. That is, until the past few weeks, and Wednesday in particular, where a wave of significant value drops hit the market.

CEO Ulrik Lykke, however, remains composed.

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