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Investor Dan Loeb doing 'deep dive' into crypto

Published 03/01/2021, 12:30 PM
Updated 03/02/2021, 03:20 PM
Investor Dan Loeb doing 'deep dive' into crypto
SPNT
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Dan Loeb, CEO of New York-based asset management firm Third Point (NYSE:SPNT) and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between traditional finance and the crypto space.

In a series of tweets to his followers on Monday, Loeb said he had been "doing a deep dive into crypto," referencing a recent article on nonfungible tokens, or NFTs, from Chris Dixon, a general partner at Andreessen Horowitz. Dixon described the ways NFTs could change the economics of content creators — namely that the technology allows them “a new way to take the money.”

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