Bridgewater Associates, the world’s largest hedge fund, is planning to back crypto funds, however, it currently has no intention of investing directly in crypto assets, according to sources.
It’s a clear sign of the world’s largest hedge fund. It currently has $150 billion in assets under management (AUM). It is taking crypto seriously as an asset class. In addition to founder Ray Dalio’s announcement in May 2021 about personal investments in bitcoin (BTC).
One source said Bridgewater’s investment size in crypto funds is minimal compared to all AUM and other well-known crypto investors. is negotiating to invest in the fund
A Bridgewater spokesman said last month that the company had no plans to invest in Cryptocurrencies, although four people say the giant hedge fund will enter the space by mid-2022.
“We can say that Bridgewater is still actively researching crypto, but currently has no plans to invest in crypto,” a Bridgewater representative told e-mail on Feb. 22, and Bridgewater previously issued.reportAbout crypto trends with institutions in January
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