Blueblood Family offices joining Cryptocurrency

in #cryptocurrency • 6 years ago (edited)

Famous names in investing have recently announced getting into the Crypto space for longer term outlooks and investments.

The Rothschild family --- purchasing bitcoin exposure via the Grayscale Bitcoin Trust.

The Rockefeller family --- Venrock, the family venture capital arm, partnered with CoinFund to invest in cryptocurrency and Blockchain business innovations

George Soros -- Soros Fund Management is investing in Overstock, a retail company that accepts Bitcoin as payment. Their CEO is known for his support of cryptocurrencies as well.

The Key takeaway is:: Family Offices of old money wealth only invest in areas where they see long term potential for growth and returns.

#money #crypto-news
6 years ago in #cryptocurrency by
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