Ex-CFTC Chairman Invests in Crypto Firm BlockTower Capital
Main page News, Crypto Market

Former US Commodity Futures Trading Commission (CFTC) Chairman, Christopher Giancarlo, and billionaire hedger fund manager, Marc Lasry, have invested in a cryptocurrency-focused investment firm called BlockTower Capital, Bloomberg reports.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

While the investment amount remains undisclosed, Lasry made an investment independent of his firm — Avenue Capital Group, said a person familiar with the matter. BlockTower was co-founded right in the middle of the well-known crypto bull run in 2017 by Matthew Goetz, ex-Goldman Sachs investment manager, and Ari Paul, a former portfolio manager for the University of Chicago's $8 billion endowment.

BlockTower Capital Reports Russian Bots Invasion on Twitter

Earlier in February, BlockTower Capital CIO, Ari Paul, said in a tweet that the cryptocurrency market has from 9 to 22 months before the price of bitcoin gets between the $100,000-$400,000 mark.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Read also:
Please describe the error