Q4 2024 LP Update

Friends of Triton Liquid,

Please find our Q4 2024 update here. Note that this is a public version, and for an update that includes fund performance figures, you are welcome to reach out.

Q4 2024 was pivotal for Triton Liquid in many ways, and we’re confident in the foundation that we have built for a successful 2025.

Triton’s Q4 in brief:

• Secured an Abu Dhabi Global Markets (ADGM) license
• Welcomed Peter Knez, former CIO of BlackRock, as an advisor
• Launched Triton’s White Paper on Ethereum’s value with John Pfeffer, former Partner at KKR
• Spoke on media and conferences, such as Abu Dhabi Finance Week Talk, Bloomberg interviews and Triton's webinar on the US elections

In the crypto markets, after a lackluster December, the markets kicked off the year with an initial uptick, then cooled down, and continued into the Presidential Inauguration. There is a lot to be excited about this year with a new regime in the US that is so pro-crypto that the US president is launching his own suite of meme coins. 

At Triton, we believe 2025 will be a massive year for the industry, with new legal clarity, a potential nation-state bid on Bitcoin, and continued growth in use cases and applications across the space.

As always, we encourage you to reach out with any questions on the crypto markets. Given the complexity and speed at which these markets operate, we are happy to be a resource.

Please reach out to Chris@tritonliquid.com and Luis@tritonliquid.com to set up a time. We are often in person in the UAE and NYC. 

Thank you for your continued support.

Sincerely,

Christopher Keshian

Founder and CIO of Triton Liquid Fund