How billionaire Steve Cohen learned to love cryptocurrencies

Cohen, 65, who has a net worth of $11.1 billion, according to the Bloomberg Billionaires Index, has since thrown himself into the world of crypto in a personal capacity and at his firm

Hedge fund billionaire Steve Cohen was until recently a bit of a skeptic when it came to cryptocurrencies. Then his son, a “cryptomaniac”, helped change his mind.

“He really convinced me this was something I needed to do,” Cohen, the founder of Point72 Asset Management and owner of the New York Mets, said on Tuesday at the Sky­bridge Alternatives Conference, according to a person with knowledge of his remarks. That was part of a journey that included meeting with as many people over the past six months as he could to educate himself.

“Once I decided there were opportunities, and I thought