Billionaire hedge fund managers Cohen, Dalio tout cryptocurrencies

billionaire hedge fund managers cohen dalio tout cryptocurrencies

Sumary of Billionaire hedge fund managers Cohen, Dalio tout cryptocurrencies:

  • Article content NEW YORK — Billionaire investors Steven Cohen and Ray Dalio have joined the cryptocurrency craze by putting cash to work and saying at a conference this week that bitcoin and other digital currencies are an interesting way to diversify their holdings.
  • ” Cohen, who runs Point72 Asset Management, said earlier this week at the conference that he hopes not to miss out on opportunities presented by the digital currencies.
  • Cohen meanwhile has been studying cryptocurrencies for himself and potentially his firm for some time and told investors in May that he would be “remiss” to ignore the $2 trillion cryptocurrency market.
  • Article content This week, Cohen announced he was investing in Radkl, a digital asset investment and proprietary trading firm, and he told the conference that his firm, Point72, is building crypto-trading capabilities.
  • The Cohen and Dalio appearances were among the event’s best-attended sessions, with fund managers and investors eager to hear how billionaires viewed topics ranging from China relations to working remotely versus in the office.
  • Dalio said China could be viewed as an existential threat to the United States, adding it is imperative to have more contact there, not less, to gain a better understanding of how the government operates.

Want to know more click here go to source.

From -

Generic selectors
Exact matches only
Search in title
Search in content

Site Language

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.