Billionaire Cohen to invest in new crypto trading firm Radkl
3 years, 3 months ago

Billionaire Cohen to invest in new crypto trading firm Radkl

Associated Press  

NEW YORK — A cryptocurrency company launched by partners of a major Wall Street trading firm said Tuesday 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. 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. 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. “There’s enormous room to run in digital assets and crypto,” said Sheftel, who said that he personally owns cryptocurrency coins.

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