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Third Point, A $17.9 Billion Hedge Fund, Entered The Crypto Space Through Coinbase

Mary Liu

Summary: According to a document obtained by CoinDesk, Third Point, the billionaire investor Daniel Loeb's hedge fund, is a client of Coinbase Custody, holding cryptocurrencies in its five funds through the popular crypto platform.  However, it is unclear about its position, purchase time, or specific token name. Public information shows that Third Point was founded by Daniel ...

According to a document obtained by CoinDesk, Third Point, the billionaire investor Daniel Loeb's hedge fund, is a client of Coinbase Custody, holding cryptocurrencies in its five funds through the popular crypto platform. 

However, it is unclear about its position, purchase time, or specific token name.

Public information shows that Third Point was founded by Daniel Loeb in 1995 and is headquartered in New York. It mainly adopts event-driven and value-oriented investment strategies. In November 2014, its AUM has reached $17.97 billion.

By Mary Liu

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