Founders Fund Partner: Personally Increased Allocation to “Blue Chip” DeFi Assets

According to The Block, Founders Fund partner Joey Krug has revealed that he has personally increased his allocation to “blue chip” DeFi assets, including Uniswap, Fantom and Akash, and that his ETH exposure remains high, Joey Krug said. Joey Krug says his ETH exposure is still high, but has reduced his Bitcoin position, mainly because he believes that “torrents have bottomed out relative to Bitcoin, which provides a great opportunity to increase exposure.”