Bridgewater Associates, the world’s largest hedge fund manager, billionaire investor Ray Dalio is interested in Bitcoin and is going to invest in this digital asset.
“My colleagues at Bridgewater and I are paying close attention to alternative store of value, and Bitcoin will not escape our attention either,” writes Dalio.
The celebrity investor confirmed that Bridgewater is looking very closely at Bitcoin as a potential alternative store of value.
Dalio has become another authority on traditional finance who has taken an interest in bitcoin as a safe haven asset or as a defense against dollar depreciation. Along with tech companies, hedge funds and asset management companies keep a close eye on or invest in cryptocurrency.