Billionnaire Fund Manager George Soros Plans to Trade Digital Assets

Soros Trading Digital Assets

The billionnaire fund manager George Soros plans to trade digital assets, even if he described cryptocurrencies as a ‘bubble’ in Januray 2018, according to Bloomberg.

One of his employees who manages macro investing at Soros Fund Management received the permission recently from the company to trade cryptocurrencies.

“As long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad,” said Soros on January 25, 2018.

https://www.bloomberg.com/news/articles/2018-04-06/george-soros-prepares-to-trade-cryptocurrencies-as-prices-plunge

Other fund companies have also decided to add Bitcoin and other cryptocurrencies to their trading assets such as Jane Street Capital who announced on March 18 that it was adding Bitcoin to its trading assets.

In the beginning of March, contrarily to George Soros, the founder of hedge fund Miller Value Partners, Bill Miller expressed that the Bitcoin bubble is worth the wait.

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