Cohen's Point72 exploring crypto sector, has no firm plans - letter

Cohen's Point72 exploring crypto sector, has no firm plans - letter

The Star Online - Tech·2021-05-14 11:00

BOSTON (Reuters) - Billionaire investor Steven A. Cohen's Point72 Asset Management is exploring the $2 trillion cryptocurrency market but has not made any plans on how to trade it, according to a letter sent to clients on Thursday.

"We would be remiss to ignore a now $2 trillion cryptocurrency market," the note said, explaining that Cohen and his team constantly evaluates new market opportunities.

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