CEO Of Soros Fund Management Confirms That The Family Office Is Invested In Bitcoin

Billionaire George Soros’ investment fund has had its eye on bitcoin for a while now. Bitcoinist had reported in July that the fund was looking to start trading bitcoin. It would not be the first time the company was getting into the crypto market but it is the first time that the fund has traded in the digital asset directly. Bitcoin was at the top of its list. However, the fund had its eye on other crypto-assets in the space. Soros Fund CEO Dawn Fitzpatrick has now confirmed that the investment firm had indeed begun trading in cryptocurrencies. Speaking on Bloomberg Live, Fitzpatrick said that the Soros Fund had invested in some cryptocurrencies. Apparently, the fund had bought some coins in the past month, but Fitzpatrick explained that the fund did not own a lot of cryptos. “We own some coins. Not a lot.” Fitzpatrick said. Related Reading | Bitcoin Shakes Off Bloody September As Price Breaks $50K, Headed For New All-Time Highs? The CEO’s fund had actually started looking into the cryptocurrency market for over two years. The following years have seen the fund invest in crypto infrastructure companies like exchanges and custodians. The family office had participated in an investment round that had raised $200 million for New York Digital Investment Group. It wasn’t until the bull rally of 2021 that the fund had confirmed that it was looking to start trading in bitcoin. It was not revealed what cryptocurrencies the fund...