World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio C...

World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio C...

The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has clarified his view on bitcoin and cryptocurrency. Ray Dalio also reveals that he and his colleagues at Bridgewater “are intently focusing on alternative storehold of wealth assets.” Bridgewater Founder Ray Dalio ‘Greatly’ Admires Bitcoin Ray Dalio, founder and chief investment officer of Bridgewater, has clarified his view on bitcoin and revealed what his company has in store for cryptocurrency. With about $140 billion in assets under management, his....


Related News

Founder of World’s Largest Hedge Fund Ray Dalio Sees Bitcoin as Gold Alternat...

Billionaire hedge fund manager Ray Dalio, a long-time bitcoin skeptic, is warming up to the cryptocurrency. The founder of Bridgewater Associates, the world’s largest hedge fund, now says that bitcoin “could serve as a diversifier to gold and other such storehold of wealth assets.” Bridgewater’s Ray Dalio Sees Bitcoin’s Role in Investment Portfolios Bridgewater Associates founder Ray Dalio, who has long been skeptical about bitcoin, now says that the cryptocurrency has a place in investment portfolios. In a Reddit AMA on Tuesday, Dalio clarified his view about....

Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater ...

Billionaire hedge fund founder Ray Dalio has stepped down as chief executive of Bridgewater Associates, according to a transfer of voting rights on September 30. Bridgewater’s co-chief executive explained on Tuesday that “Ray no longer has the final word,” in regard to the hedge fund’s future. Hedge Fund Giant and Bridgewater Associates Founder Ray Dalio Steps Down, Co-CEOs Mark Bertolini and Nir Bar Dea to Take Over Senior Management On Tuesday, October 4, after founding Bridgewater Associates more than 40 years ago, Ray Dalio stepped down as co-CIO.....

Ray Dalio Admits He May Be Wrong About Bitcoin But Still Concerned of Governm...

Billionaire hedge fund manager Ray Dalio has admitted that he may be wrong about bitcoin after stating that governments will ban the cryptocurrency if it “becomes material.” Dalio founded Bridgewater Associates; his hedge fund is the largest in the world. Ray Dalio Open to Learning About Bitcoin Bridgewater Associates founder Ray Dalio has admitted that he may be wrong about bitcoin after stating last week that he did not think that cryptocurrencies “will succeed in the way people hope they would.” He further said that governments will outlaw bitcoin if it becomes....

Billionaire Hedge Fund Manager Ray Dalio Still Concerned Government Could Out...

The founder of the world’s largest hedge fund, Bridgewater Associates, is still concerned that governments could outlaw cryptocurrencies. Nonetheless, he sees bitcoin as digital gold and owns some for diversification. Ray Dalio Worried About Government Outlawing Cryptocurrencies Bridgewater Associates founder Ray Dalio is still concerned that governments may outlaw cryptocurrency. Dalio now serves as the firm’s chairman and co-chief investment officer. Bridgewater Associates’ clients include endowments, governments, foundations, pensions, and sovereign wealth funds. Dalio....

Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies

Bridgewater Associates founder Ray Dalio has revealed that he owns bitcoin despite concerns he has long voiced about governments interfering and even outlawing cryptocurrencies. The boss of the world’s largest hedge fund said “bitcoin’s greatest risk is its success.” Ray Dalio Got Bitcoin Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has revealed that he owns bitcoin. In an interview at the Consensus 2021 conference, which was recorded on May 6 but released Monday, he said: I have some bitcoin. Dalio is the co-founder and....