កាលពីដើមខែនេះ, Tether Holdings Limited reported a 2022 Q4 profit of $700 million and excess reserves of $960 million. The report couldn’t be independently verified but if true, these figures would be remarkable given the pain currently being felt across much of the rest of the crypto industry.
When we examine headlines from a year ago, it’s clear that most of crypto’s big players had it tough. Many even collapsed completely. For this reason, those who have not only survived but prospered are particularly interesting.
Although it’s not possible to verify many of the claims coming directly from Tether, public information suggests that one of its little-known cousins, មូលនិធិហេកា, has been consistently making money without pause.
The Malta-based company is one of Tether’s largest clients and one of the biggest Tether whales នៅលើទីផ្សារ។ It also includes the Elysium Global Arbitrage Fund, a market-neutral crypto-fund specializing in Tether and stablecoin arbitrage. Heka Funds is based in Malta but is run from London and Monaco by Fabio Frontini of asset management company Abraxas Capital.