[Digital Asset Hedge Fund Room40 Capital Exits External Fund Management, Shifts Focus to Macro Trading] Odaily reports that former Moore Capital Management portfolio manager Paul Yablon is returning all external funds from his digital asset hedge fund, Room40 Capital, to manage his own capital and that of an institutional partner. He will also expand his investment strategy from cryptocurrencies and digital assets to macro trading. Paul Yablon acknowledged that the $6.3 billion Binance hack highlighted the ongoing security challenges facing the crypto industry. He clarified that Room40 Capital does not hold any assets on Binance, and the primary reason for his exit is the scarcity of favorable cryptocurrency investment opportunities with asymmetric risk-reward ratios. According to sources, Paul Yablon will return to Moore Capital as a macro portfolio manager. (Bloomberg)