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Bridgewater: Doing Crypto Research, But Not Investing In It

Bridgewater is an investment management firm founded in 1975.

And Ray Dalio as the founder of the company.

Bridgewater serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks.

A moment ago, the issue about Bridgewater is preparing to back its first crypto fund come up to the public.

But, there are some different statement from some people in the company.

Some stands for agreeing the crypto investment while the other say the company will not joining the digital asset investment.

One of the source says that the company has no current intention of directly investing in crypto assets itself.

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The founder Ray Dalio announce in May 2021 about a personal investment in BTC.

It’s the clearest signal to date that the world’s largest hedge fund, currently with $150 billion in assets under management (AUM).

He also said that the size of Bridgewater’s investment is minuscule if we compare to its total AUM.

On the other occasion, a Bridgewater spokesperson said the firm is not currently have plans to invest in cryptocurrencies.

Even though the four other people from company say that the hedge fund giant have tendency to enter the space in the middle of 2022.

According to coindesk, a Bridgewater representative says;

“While we won’t comment on our positions, we can say Bridgewater continues to actively research crypto but is not currently planning on investing in crypto,”

SourceCoindesk
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