Asia Digest: 3AC founders seek funds for new venture; Japan's Interstellar bags $30m

Asia Digest: 3AC founders seek funds for new venture; Japan's Interstellar bags $30m

FILE PHOTO: Representations of virtual cryptocurrencies are placed on U.S. dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

The founders of the failed Singapore crypto hedge fund Three Arrows Capital (3AC) are now approaching investors for a new venture that targets crypto bankruptcy claims. Separately, Interstellar Technologies, a Japan-based space startup, has closed a $30 million Series D funding round.