New York Mets Owner Exits Crypto

Billionaire Steve Cohen Withdraws Investment From This Crypto Startup

The billionaire Hedge fund manager has existed his investment in crypto trading firm Radkl on Tuesday.

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The New York Mets owner's planned investment in Radkl last September when the marketcap was ATH around $2 trillion.

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The crypto trading firm was just created by New York Stock Exchange market maker GTS last year.

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Cohen is a Wall Street titan who also owns the New York Mets baseball team, and his support for Radkl had made to headlines last September.

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His investment in the crypto was seen as a sign of the traditional finance world's increasing interest in the industry.

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However, Cohen has backed off as there has been a slump in digital assets and a series of crashes like LUNA.

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Radkl has already lost two of its managing directors Jim Greco and Beatrice O'Carroll, this year.

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