This Hedge Fund Says its Crypto Investments Will Continue Despite Price Volatility

In a letter to investors, Daniel Loeb, the Founder and Chief Executive Officer of New York–based hedge fund, Third Point Management has reiterated his firm’s positive disposition to digital currencies. In the letter, Loeb noted the firm’s potentials to continually fund innovative crypto firms just as it did with the likes of CipherTrace, Bitwise, and FTX Derivatives Exchange.