Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report

Cointelegraph

Published Aug 02, 2022 01:00PM ET

Updated Aug 02, 2022 02:40PM ET

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 continuing to grow.

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