Yale’s ‘Warren Buffett’ Invests in New Crypto Fund

US investor David Swensen, who manages Yale University’s $30 billion endowment, is now betting on the crypto market by investing in a cryptocurrency-oriented fund that raised $400 million, people familiar with the matter told CNBC and Bloomberg. Paradigm, as the new fund is called, was launched by Fred Ehrsam, who co-founded crypto exchange Coinbase, Matt Huang, former partner at venture capital firm Sequoia Capital, and Charles Noyes, who worked at Pantera Capital. The sources didn’t specify how much Yale contribute…

This article appeared first on Cryptovest

Like this: Like Loading...