Home Cryptocurrency News Matt Levine’s Cash: Who Can Resist the Cryptocurrency Rise?

Matt Levine’s Cash: Who Can Resist the Cryptocurrency Rise?

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Paradigm: We’re a number one investor in crypto buying and selling companies. I suppose essentially the most easy interpretation of the information that Paradigm, a crypto enterprise capital agency, is investing in Citadel Securities, a market-making agency that doesn’t commerce crypto, is that Citadel Securities goes to start out buying and selling crypto? Like this appears unlikely:

Paradigm: I suppose we might use some diversification.

Citadel Securities: Properly don’t take a look at us, we hate crypto, by no means traded it, by no means will.

Perhaps, who is aware of, however my guess is the apparent one: The crypto growth is creating huge gushers of wealth for monetary intermediaries, …

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