Billionaire Cohen To Invest in New Crypto Trading Firm Radkl

[pvc_stats postid="" increase="1" show_views_today="0"]
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Billionaire Cohen To Invest in New Crypto Trading Firm Radkl

By Crypto Global News

A cryptocurrency company launched by partners of a major Wall Street trading firm said yesterday that it has snagged the support of billionaire investor Steven A. Cohen, as big names from the traditional financial world continue to embrace the industry surrounding crypto.

Mr Cohen, a hedge-fund manager and owner of the New York Mets, has agreed in principle to invest in Radkl, a crypto trading firm, though the deal is not final. The company is being launched by partners of GTS, a firm that trades as much as a billion shares of US stocks on a given day.

A Cryptocurrency company launched by partners of a major Wall Street trading firm said yesterday that it has snagged the support of billionaire investor Steven A. Cohen

Radkl, which is pronounced like “radical,” plans to trade across cryptocurrency coins and exchanges, said Ryan Sheftel, the company’s CEO and a partner at GTS. As the crypto industry expands, Radkl plans to grow quickly with it.
If government regulators allow the industry to offer exchange-traded funds that track cryptocurrencies so that more investors can get into them, for example, the company could make trades that keep prices of the ETFs in line with the coins themselves.
“There’s enormous room to run in digital assets and crypto,” said Mr Sheftel, who said that he personally owns cryptocurrency coins.
“The community is full of people doing interesting things, and Radkl is our way to plant our flag and be a real part of that.”
Radkl has about 10 employees currently. It expects to ramp up to two dozen by the end of the year and to begin trading during the final three months of the year.
The People's Bank of China on Monday told the country's major financial institutions to stop facilitating virtual-currency transactions, increasing the negative sentiment in crypto markets.
Radkl, which is pronounced like “radical,” plans to trade across cryptocurrency coins and exchanges. 

This is the first foray for GTS into the crypto world, but digital assets and the technology that underlie them have been growing more mainstream as prices for coins soar. One bitcoin fetches about $63,763 (US$46,700) today.

That’s up from about $14,600 (US$10,700) a year ago, but prices can be notoriously volatile, and it’s also down from a peak of nearly $88,750 (US$65,000) this spring.

Mr Cohen, who will not be involved in the day-to-day operations of Radkl, has been making investments in the crypto world through various avenues.

A company backed by Mr Cohen’s family office led a fundraising round announced Monday for Recur, a company involved in digital collectibles. Last month, Mr Cohen’s Point72 Ventures led a $28 million (US$21 million) fundraising round for Messari, a crypto data and research firm.
Man using computer at night
Mr Cohen, who will not be involved in the day-to-day operations of Radkl, has been making investments in the crypto world through various avenues. 

In a letter telling investors earlier this year that it’s exploring opportunities around the technology that underpins cryptocurrencies, Mr Cohen’s Point72 said that it would be remiss to ignore a $2.7 trillion (US$2 trillion) market.

“We can assure you that we will be prudent in the nature of and sizing of our investments, both from an allocation and market standards perspective,” it said.

“We do, however, believe there is more innovation and evolution to come in the space, and we want to make sure we have a seat at the table.”

*Note We Deliberately Miss Spell Some Words or Add Capital Letters To Get Around Big Tech Censoring.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Join www.truthbook.social our new social media platform backed by Independent Media. where you can speak the truth, and not be banned. Plus you'll receive $50 USD in www.truthcoin.social,the crypto currency backing the project, when you join, plus a lot more for sharing posts. www.truthbook.social

Truthbook.social offering hundreds of thousands in giveaways for those joining its new social media platform as many desert Facebook in droves because of censoring

Here is some of the current incentives being offered to new users

Subscribe for free to our ANR news emails and access 2 free ebooks plus Reports to share with family and friends about Covid fraud and the danger of the vaccines.

For ANR Smaller Donors please donate below to help fund our critical not for profit work. Together we can defeat mainstream media.

We are a not for profit Independent Media Company which survives off donations, even as little as $5 per month . Please donate now to help fund our work

Truthcoin Offer

$1000 USD turns into Now $7500 Truthcoin
$2,500 USD turns into Now $25,000 Truthcoin
$5000 USD turns into Now $65,000 Truthcoin
$10,000 USD turns into Now $150,000 Truthcoin
$15,000 USD turns into Now $250,000 Truthcoin
$50,000 USD turns into Now $1.15 Million Truthcoin
$100,000 USD turns into Now $2.5 Million Truthcoin

Leave a Reply

Your email address will not be published.

McIntyre Report
Political Talk Show

We are a not for profit Independent Media Company which survives off donations, even as little as $5 per month . Please donate now to help fund our work

Kylie Bartlett show

Craig Schulze Show

WHY WE NEED TO START SAYING NO TO GAIN OUR SELF RESPECT

Play Video

Raw Report

Ryan Jackson Saw show

Hero Nurse Exposes Government Policies Leading to Elder Abuse

ANR Conversations With Wayne Crouch and Lisa Johnston With Special Guest Simeon Boikov A.K.A the Aussie Cossack

Top 10 Crypto

in USD

in AUD

in GBP

in CAD

Jamie McIntyre

Truthbook.Social

Currency Exchange Rates in AUD

Live and updated every minute of the day

Current Price of Bitcoin 2.0
0.19 on Coinsbit

Nurses Speak Out

ANR Meme Report

with Nadine Roberts

Episode 002

21st Century Political System

Play Video

Editor's Pick

Enter email to receive ANR News articles, 2 free e-books, plus the Global Health Organisation Report

Download the Full PDF - THE COVID-19 FRAUD & WAR ON HUMANITY