Bridgewater Associates plans to invest in crypto funds

23.03.2022 13:58
by Artem Ustinov
1 min read

Bridgewater Associates plans to invest in crypto funds

Ray Dalio’s hedge fund Bridgewater Associates intends to invest in products based on cryptocurrencies. The financial giant manages $150 billion in assets.

It is reported that experts have begun an initial review of potential investments in the cryptocurrency market. Potential liquidity and provider services are being explored for further investing in appropriate crypto funds.

At the same time, Bridgewater Associates has no current intention of directly investing in crypto assets itself. The main purpose is finding profitable crypto funds or products based on digital assets.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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