Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Samyuktha Sriram

World's Largest Hedge Fund — Led By Bitcoin Holder Ray Dalio — Said To Be Investing In Crypto Assets

The world’s largest hedge fund is about to back its first cryptocurrency fund, CoinDesk reported on Tuesday, citing two sources close to the matter.

What Happened: Bridgewater Associates, the investment firm with $150 billion in assets under management (AUM), plans to back an external vehicle with exposure to cryptocurrency, according to the report.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.