Another billionaire admits he was wrong about Bitcoin
After spending years ridiculing Bitcoin and cryptocurrency, Wall Street’s billionaire class is finally warming up to the idea of virtual assets powering the digital economy.
This week, Citadel founder and billionaire Ken Griffin formally backtracked on his anti-crypto stance as he announced that his firm would begin offering digital assets to its clients. Of course, Griffin isn’t the only wealthy investor to have a change of heart, so we’re not going to bust his chops too much.
Citadel Securities, the multi-billion dollar hedge fund manager, will soon be offering cryptocurrency investments after company founder Ken Griffin admitted he was wrong about the asset class.
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