Founder and CEO of Citadel Ken Griffin (Ken Griffin) said he did not believe in cryptocurrency as well as the managers of the company managed a hedge Fund.
“I have no portfolio Manager, who said that we need to buy cryptocurrency. A single. I find it hard to imagine themselves in the position of someone who provides liquidity for the product does not believe,” said the billionaire in an interview with CNBC at the conference Institutional Investor Delivering Alpha in new York.
He added that he would like the younger generation is focused on more productive activities than investing in the digital currency.
At the same time, Griffin admitted that “still scratching their heads” about bitcoin.
Citadel, founded by Griffin in 1990, now manages a hedge Fund with assets of $30 billion. one More direction of business — Citadel Securities, one of the world’s largest market makers through which the daily traded every fifth share in the US, as said the billionaire. His personal fortune Forbes estimates at $9 billion.
It is noteworthy that a few days ago, the head of BlackRock, which manages assets of $6.3 trillion, Larry Fink (Larry Fink) stated that customers show no interest in cryptocurrency. But he did not deny that BlackRock created the study group for these assets.
We will remind, the founder and CEO of Galaxy Digital Mike Novogratz (Mike Novogratz) again expressed the view that further development of the cryptocurrency market he needs the arrival of institutional investors.