The founder of Citadel has changed his attitude towards cryptocurrencies for the better – Bits Media

Famous cryptocurrency skeptic, the creator and CEO of the hedge fund Citadel explained, why I began to consider digital assets a wonderful product.

Kenneth Griffin (Kenneth Griffin) stated, that in the coming months his company plans to start working with cryptocurrencies.

"I'll be honest: all this time I was in the camp of skeptics. But today the total capitalization of the cryptocurrency market reaches approximately $2 trillion. And that says, that I was wrong", — said the CEO of Citadel.

And he clarified, that digital currencies have become "one of the most exciting products in the financial industry in recent years" 15 years old".

Griffin confessed, that he still has some skepticism about cryptocurrencies, but there are already millions of people in the world, who disagree with this. Citadel, The general director assured, tries to help institutions and individual investors with asset allocation in portfolios, Therefore, the time has come to seriously think about connecting cryptocurrencies in the coming months.

Just last fall, at a meeting of the Economic Club of Chicago, Kenneth Griffin spoke, that uncertainty in the regulation of cryptocurrencies does not allow a market maker to become a participant in the cryptocurrency space. Griffin also criticized Bitcoin for its slow transaction speeds and possible negative impact on the environment..

Last year, Oaktree Capital co-founder Howard Marks, previously disparaging of Bitcoin, also became more friendly towards cryptocurrencies.