NFT company Recur reaches $333M valuation following Steve Cohen-backed fundra...
The market for nonfungible tokens, or NFTs, continues to grow, attracting mainstream influencers, leading artists and high-profile investors. NFT company Recur has seen its valuation swell to $333 million after concluding a successful investment round endorsed by billionaire Steve Cohen’s family office. The Series A raised $50 million, mainly through contributions from the Cohen-backed investment platform Digital, according to a statement. Some of Recur’s previous investors include Hashed, Gemini, CMT Digital, JST Capital and Delphi Ventures. The investment will be used to bootstrap the....
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The hedge fund manager was part of a $50-million funding round for NFT company Recur, and backed a $21-million round for crypto analytics firm Messari through Point72. Steve Cohen, the founder of hedge fund Point72 Asset Management, has reportedly exited his investment in crypto trading firm Radkl.According to a Tuesday report from Bloomberg citing a Radkl spokesperson, Cohen has reduced his exposure to crypto investments following his exiting the trading firm. However, the spokesperson reportedly said Radkl was still “extremely well capitalized with its current investors” and was....
Steve Cohen has previously been vocal about his skepticism with crypto. The billionaire has recently made a couple of moves that has deepened his investment in the market. Steve Cohen, who owns the New York Mets, is a hedge fund manager with a net worth of around 11.1 billion. Talking in a discussion moderated by […]
Billionaire investor and CEO of Point 72 Asset Management, Steve Cohen, says he is taking a deep dive into cryptocurrency. Emphasizing that he is “fully converted,” the billionaire said, “I’m not going to miss this. I already feel like I missed the first part of it.” Steve Cohen Gets Into Crypto, Says He Is ‘Fully Converted’ Steve Cohen is the chairman, CEO, and president of Point72, an asset management firm with approximately $22.1 billion in assets under management (AUM) as of April 1. The firm has 12 offices around the globe and more than 1,650....
Apple co-founder Steve Wozniak has always been a big supporter of bitcoin. Wozniak who founded Apple with Steve Jobs saw their company grow to be the first $1 trillion-dollar company and subsequently the first company to hit a $3 trillion dollar valuation. The co-founder who had previously shown support for bitcoin has come out in […]
Bitcoin continues to grow in popularity for professionals in a wide array of fields. In addition to serving as an attractive method of payment, Bitcoin’s free market, decentralized, cutting edge nature intrigues many professionals. Just last week BitPay, Inc. signed on a new merchant, Cohen Chiropractic Centre. Cohen Chiropractic Centre was founded in 2009 in Atlanta, GA and has grown to a level of prominence. Dr. Austin Cohen became interested in Bitcoin after one of his interns continually shared his excitement about this innovative currency. As Dr. Cohen has been featured on CNN, CBS....