Hedge fund billionaire Steve Cohen exited his investment in cryptocurrency trading startup Radkl, according to a spokesperson for the digital-asset company.
The quantitative crypto trading firm, which was formed last year by New York Stock Exchange market maker GTS, has already lost at least two managing directors this year, including Jim Greco and Beatrice O’Carroll. On Radkl’s website, only five employees are listed including O’Carroll, who confirmed with Bloomberg in a LinkedIn message that she has left the company.
“Radkl remains extremely well capitalized with its current investors and continues to grow rapidly,” the spokesperson wrote in an email. A representative for Cohen’s hedge fund, Point72 Asset Management, declined to comment.
Radkl made news last September for having snagged the support of Cohen, a Wall Street titan who also owns the New York Mets baseball team. His involvement was seen as a sign of the traditional finance world’s growing interest in and acceptance of...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...