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.
Treasury’s decision to double bond buybacks to $4B has reinforced the Liquidity Pivot thesis, helping drive a broad crypto repricing. Strong growth, robust earnings, easing core inflation, and limited Fed tightening pressure continue to support the risk-on backdrop, while oil volatility and Treasury support remain key variables.
Crypto’s 10-month bear market is showing signs of late-cycle exhaustion as liquidity, on-chain structure, and regulation turn more constructive. The setup now supports a measured redeployment from cash, led by Bitcoin, while maintaining clear macro and technical risk triggers.
On rare occasions, we publish our highest-conviction investments. This week, Triton initiated a position in Hypercall (SYN). Our view: the market is pricing its past, while overlooking Hypercall's potential as a leading on-chain options platform.