Billionaire Carl Icahn's Firm Wants to Get Involved in Crypto in A Big Way

Institutional adoption of crypto is on its peak in 2021 and one more Billionaire Carl Icahn today shared that his firm is planning to get involved in crypto in a big way. When asked, what might be this big way, he said for his firm big way would be something from a hundred million dollar to a billion.

Icahn Capital Has More Than $23 Billion Assets Under Management

As per the latest data, Icahn Capital holds currently more than $23 Billion in assets under the leadership of Billionaire Carl Icahn. In an interview today Carl Icahn shared his views on cryptocurrency and said,

Cryptos are here to stay in or other form.

The billionaire said his firm is planning to get involved in cryptocurrencies in a big way and that big way would be of order from 100 million dollars to a billion. Recently, billionaire Ray Dalio also confirmed he holds Bitcoin and said that he would prefer Bitcoin over a bond.

Bitcoin price recently crashed to nearly $30,000 in a FUD led correction across all crypto markets. This new inflow of institutional capital is surely indicative that lot of firms are finding the low crypto prices as a good entry point.

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Sunil Sharma

Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO's in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on X at @sharmasunil8114 and reach out to him at sunil (at) coingape.com

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