Billionaire investor Steven Cohen has agreed to invest in Radkl, a cryptocurrency quantitative-trading firm being launched by partners of New York-based GTS, a high-speed trading firm active in stocks and options.
What Happened: Cohen is expected to provide financial backing for Radkl but will not be involved in the company’s day-to-day operations, GTS said in a statement. The size of Cohen’s investment was not disclosed.
Radki will initially focus on quantitative trading across cryptocurrencies, including Bitcoin (CRYPTO: BTC), and plans to expand into the decentralized....More>>>