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Peter Thiel-backed Founders Fund Invests A Massive $200 Million In Bitcoin and Ethereum

source-logo  coingape.com 13 February 2024 08:10, UTC

Institutional investments in Bitcoin (BTC) and Ethereum (ETH) have been soaring over the past few months! A recent Reuters report suggests that Peter Thiel-backed Founders Fund invested a hefty $200 million in these two cryptocurrencies in late summer 2023. Also, the fund has reportedly split its $200 million investment into equal amounts in BTC and ETH.

coingape.com