Bridgewater Associates, a leading US investment company led by Ray Dalio, is preparing to invest in one of the third-party crypto funds. This was reported by CoinDesk, citing its own resources.
Several sources confirmed that right now, the hedge fund has no intention of investing in cryptocurrencies on its own. Another source told the publication that Bridgewater plans to buy digital assets directly.
The fact that Bridgewater Associates can invest in the first cryptocurrency, a representative of the company told at the beginning 2021 of the year.
In September 2021 Ray Dalio warned that global regulators would take control of the cryptocurrency market if bitcoin was a mainstream success.
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