Jul 23, 2020
Cambrian has landed $4 million of operating capital from high-flying technology and finance investors to help run its $25 million data-driven crypto-trading fund.
How might Renaissance approach bitcoin as an underlying asset, given the hedge fund’s reputation for using mind-bending math to find profits?
The quantitative hedge fund placed heavy bets on Riot, Marathon and Canaan in early 2021.
Renaissance Technologies’ market-crushing Medallion fund is considering jumping into bitcoin futures, recent regulatory filings show.