Bridgewater Associates plans to invest in a cryptocurrency fund

Leading US investment firm Bridgewater Associates, led by Ray Dalio, is preparing to invest in one of the external crypto funds. CoinDesk reported this, citing its own resources.

Several sources confirmed that the hedge fund currently has no intention of investing in cryptocurrencies directly. Another source told the publication that Bridgewater plans to buy digital assets directly.

As reporters noted, this is the first since statement by Dalio about personal investments in Bitcoin, indicating that Bridgewater regards cryptocurrencies as an investment asset.

Earlier in 2021, a company representative told that Bridgewater Associates could invest in Bitcoin.

In September 2021, Ray Dalio warned that global regulators would take the cryptocurrency market under their control if Bitcoin achieves mass adoption.

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