According to The Street, a large New York-based asset management company GoldenTree has invested part of the funds in bitcoin, but the exact amount of the investment has not been disclosed.
GoldenTree Asset Management manages assets worth $ 45 billion. According to The Street, citing two sources familiar with the situation, before the purchase of bitcoins, the company’s top managers discussed for a long time the possibility of hiring employees who understand cryptocurrencies.
Apparently, the company bought only bitcoins – the management of GoldenTree refuses to invest in other cryptocurrencies.
Previously, GoldentTree founder Steven Tananbaum and partners Deeb Salem and Joseph Naggar participated in a funding round for Borderless Capital, which is associated with the Algorand project. Borderless also invested in the Securitize securities tokenization platform.
Recently, the CEO of the Swiss private bank Vontobel Zeno Staub said that the bank’s large clients are increasingly showing interest in investing in digital assets.
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