Dawn Fitzpatrick said in March crypto was at „an inflection point.” She told Bloomberg in March that a fear that governments and central banks were debasing fiat currencies was driving demand for bitcoin. Fitzpatrick said she viewed bitcoin more as a commodity than as a currency.
A prescient comment, as it turns out. Fitzpatrick, chief investment officer for Soros Fund Management, in recent weeks gave the internal green light to actively trade Bitcoin and perhaps other cryptocurrencies, according to two people with knowledge of the matter TheStreet reports.
Soros Fund Management is only the latest major fund to get involved in cryptocurrencies. Paul Tudor Jones was an early mover, while $14 billion fund Brevan Howard moved into the space in April. Steve Cohen’s $22 billion fund Point72 is now seeking to hire a head of cryptocurrencies, TheStreet reported.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
