Blueblood Family offices joining Cryptocurrency

in cryptocurrency •  7 years ago  (edited)

Famous names in investing have recently announced getting into the Crypto space for longer term outlooks and investments.

The Rothschild family --- purchasing bitcoin exposure via the Grayscale Bitcoin Trust.

The Rockefeller family --- Venrock, the family venture capital arm, partnered with CoinFund to invest in cryptocurrency and Blockchain business innovations

George Soros -- Soros Fund Management is investing in Overstock, a retail company that accepts Bitcoin as payment. Their CEO is known for his support of cryptocurrencies as well.

The Key takeaway is:: Family Offices of old money wealth only invest in areas where they see long term potential for growth and returns.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!