Citadel CEO Ken Griffin admitted in an interview with Bloomberg that he was wrong about crypto.
Griffin, whose assets are estimated at $25.6 billion, said he was wrong about what he said earlier:
“The crypto market has a market value of about $2 trillion in round numbers. This tells me that I was not right in my previous call”
Griffin stated that Citadel may be ready to enter the crypto industry in the near future:
“The market in cryptocurrencies in the coming months
The company is seriously considering getting involved in the crypto industry.
Griffin still remains skeptical when it comes to crypto. The billionaire stated last month that he did not understand the economic basis of cryptocurrencies:
“I do not understand the economic basis of cryptocurrencies. And I understand how to value a stock and how to think about exchange rates in the world”
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