Bitcoin Forum

Will Yale’s Investment in Crypto Lead to More Institutional Investors?

This week, CCN reported that Yale, the prestigious Connecticut-based academic institution, has invested in a $400 million crypto fund operated by veterans in the digital asset and finance space.

Coinbase Inc. co-founder Fred Ehrsam, former Sequoia Capital partner Matt Huang, and billion dollar crypto hedge fund Pantera Capital ex-employee Charles Noyes reportedly launched a new cryptocurrency hedge fund called Paradigm after raising more than $400 million from various investors.

The $30 billion endowment in Yale is led by David Swensen, who invested an undisclosed amount in Paradigm, following the establishment of the institution’s vision to allocate 60 percent of its assets in alternative assets by the end of 2019, like crypto.

Why is Yale’s Move to Crypto Significant?
Yale and Swensen operate one of the largest college endowments in the global market. For three decades, the Yale endowment has outperformed every academic institution within the US, allowing Swensen to beCOME the most-watched and influential figure in the market of institutional investors.

In June, billionaire investor told Erik Schatzker at the Bloomberg Invest Summit in New York that the entrance of a major institutional investor into the crypto market will lead to other major firms accumulating cryptocurrencies like Bitcoin and Ethereum at a large scale.
https://www.ccn.com/will-yales-investment-in-crypto-lead-to-more-institutional-investors/

Yale investing is not a huge news to us at all. Yale is a freaking university after all, we have seen proper financial institutions investing into crypto, we have seen wall street types investing into bitcoin as well.

Hell winklevii twins invested into bitcoin quite early on and they are as uptight as it gets in finance worlds. If you want to get excited about something for the future of institutional investors know that the new gp morgan ceo is a person who is pro-crypto which means they will take a look at the crypto space a lot more and when gp morgan does something all others of financial world will definitely follow.

I don't see any significant effect on the price whatsoever. Actually we have a lot of positive news coming around but it doesn't bring the needed impact in the market because investors chooses to stay at the background and waiting for the ETF's news.

The ETF news is what I'm expecting that will push the price and turn this bear market into the bulls zone.

It is another acceptance, one of which we know of. There are acceptance and investment that are going on and we don't know about them. I don't really see it as meaning that other institutions yet to invest would look at such to go on to invest. People are believing and taking their own risk.