Skip to Content

Billionaire Cohen to invest in new crypto trading firm Radkl

<i></i><br/>
KMIZ

By STAN CHOE
AP Business Writer

NEW YORK (AP) — A cryptocurrency company launched by partners of a major Wall Street trading firm has snagged the support of billionaire investor Steven A. Cohen. The hedge-fund manager and owner of the New York Mets has agreed in principle to invest in Radkl, a crypto trading firm, though the deal is not final. The company is being launched by partners of GTS, a firm that trades as much as a billion shares of U.S. stocks on a given day. Radkl, which is pronounced like “radical,” plans to trade across cryptocurrency coins and exchanges. It’s the latest foray by big names from the traditional financial world into crypto.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content