CIO of Soros Fund Management, gave the green light to trade Bitcoin

[MarkRoberts]

Approval to trade Bitcoin

Soros Fund Management has obtained internal clearance from CIO Dawn Fitzpatrick to begin trading cryptocurrencies this June, according to State Street, which references individuals familiar with the issue. In recent weeks, Dawn Fitzpatrick, CIO of Soros Fund Management, gave the green light to trade Bitcoin and possibly other cryptocurrencies.

According to individuals familiar with the issue, Adam Fisher, who handles macro investments at New York-based Soros Fund Management, received internal permission to trade virtual currencies in the past few months, but he has yet to make a bet. A representative for the company refused to comment.

According to the people who spoke on the condition of anonymity, Dawn Fitzpatrick and her team have been studying cryptocurrencies for some time and the present project is more than simply testing the waters on digital assets.

According to the article, the family office is not simply testing the tires on digital assets, suggesting a significant investment.


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