The most influential endowment manager just jumped into crypto with bets on two Silicon Valley funds

in #bitcoin6 years ago

Swensen, who manages Yale's $29.4 billion endowment, has invested in two funds dedicated to cryptocurrencies, sources tell CNBC.

Good article, great news for crypto. Crypto needs big, mainstream names to invest in cryptocurrencies, others managers will surely follow. And this guy Swenson is about as big and mainstream as it gets, with an impressive track record to boot. It amazes me that Yale has a $29B endowment....

Read the full story here...
https://www.cnbc.com/2018/10/05/yale-investment-chief-david-swensen-jumps-into-crypto-with-bets-on-two-silicon-valley-funds.html

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Bitcoin sitting around $6550, about where it's been all week....

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