Bridgewater Associates, the world’s largest hedge fund, is planning on moving into the digital assets space with its first ever crypto investment, according to a report by FXEmpire.
The USD150 billion fund, which is run by billionaire Ray Dalio, wants to increase its exposure to digital assets but will not be buying cryptocurrencies deforest. Back in January, Dalio advised that investors should allocate 1 per cent of their portfolios to bitcoin.
