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Report: - George Soros private investment company is trading bitcoin

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Shivangi Mujumdar Follow

INDIA

Jul, 02 2021

Jul, 02 2021

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Now the private investment company of George Soros shall be trading bitcoin and at other cryptocurrencies. From Soros Fund ManagementFitzpatrick, chief investment officer made an announcement on June 30 that in few weeks there will be an active trading of bitcoin and other currencies that shall be done. This would be done for a broad exploration of digital assets. 


The discussion that stated it all: 

In March Dawn Fitzpatrick cemented on crypto as it being "an inflection point." However, the current report stems from the sources that were not disclosed which stated the interest of Soros’ investment fund to trade bitcoin products. 


Other than crypto trading, the Soros Fund Management shall also be holding discussion further on acquiring the blockchain-focused firms. Certainly, no spokesperson for Soros Fund Management commented on this announcement. 


The private investment firm of billionaire George Soros started with it by the name of Soros Fund Management. It shall soon be trading Bitcoin. Also, some sources revelated that “Fitzpatrick and her team have been exploring cryptocurrencies for some time and that the latest venture is “more than just kicking the tires” on digital assets. 


About Soros Fund Management: 

Soros Fund Management is one of those many firms that were responsible for more than $200 million funding of New York Digital Investment Group which is popularly referred to as NYDIG. Along with it, it was also Morgan Stanley and MassMutua that shows the participation.  That was the time when the CEO and co-founder of NYDIG Robert Gutmann stated that the investment round itself is a record stating that bitcoin adoption is on rising.

 

Currently, the circulation of this news is already done by TheStreet's report. There has been active participation from the prominent industry voices who are part of such discussion. 


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Shivangi Mujumdar

CBW - External Analyst

INDIA

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