Point72’s Steve Cohen Exits Investment in Crypto Firm Radkl

Hedge fund billionaire Steve Cohen exited his investment in cryptocurrency trading startup Radkl, according to a spokesperson for the digital-asset company.

The quantitative crypto trading firm, which was formed last year by New York Stock Exchange market maker GTS, has already lost at least four managing directors this year, including Jim Greco, Allan Erskine, Jason Bell and Beatrice O’Carroll. On Radkl’s website, only five employees are listed including O’Carroll, who confirmed with Bloomberg in a LinkedIn message that she has left the company.