This week, we would like to extend a warm welcome to the newest member of the Triton team.
We are incredibly excited to announce that Dr. Peter Knez, former Co-Chief Investment Officer at BlackRock will be joining as a Board Member and strategic advisor to the fund.
Peter brings an enormous wealth of knowledge and experience from his time overseeing global fixed income at BlackRock and as Global CIO at Barclays Global Investors (BGI) Fixed Income.
Benefitting from his long track record of financial innovation and data-driven strategic success, we very much look forward to working with Peter to continue building Triton into the strongest vehicle through which investors can access diversified exposure to liquid digital assets.
You can read more about it here.
Separately, thank you to everyone that joined our live webinar two weeks ago where we discussed potential impacts of the incoming US administration on the digital asset industry (hint: a lot of reasons for optimism, but US macro conditions, liquidity and regulations will still matter).
We will be hosting more webinars moving forward, so please keep an eye out for the next edition and be sure to join us live and ask any questions you might have.
We see Q1 2026 as a rare asymmetric crypto entry point—fundamentals are intact, valuations reset, and sentiment is at multi-year lows—positioning our long-horizon capital to capture potential outsized returns through our vertical-focused, data-driven approach.
Perpetual swaps have achieved product-market fit in crypto and are now scaling via decentralized exchanges like Hyperliquid, with improving execution and liquidity. The next growth phase lies in capturing retail derivatives flow - especially vs CFDs - supported by new infrastructure enabling expansion beyond crypto.
Despite post-deleveraging weakness, protocols like Solana, Maple, Hyperliquid, Pendle, and Aerodrome show resilient activity, evolving design, and sustained relevance supporting a cautious medium-term outlook.