Steve Cohen’s Point72 Is Exploring Blockchain, Crypto Sector
- Would be remiss to ignore $2 trillion crypto market, firm says
- No timetable for plans, Point72 says in investor letter
Photographer: Scott Eells/Bloomberg
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Steve Cohen’s Point72 Asset Management is eyeing cryptocurrency-related investments.
“We are exploring opportunities around blockchain technology and its transformative and disruptive capabilities,” the firm said in a letter to investors seen by Bloomberg. “We would be remiss to ignore a now $2 trillion crypto currency market.”