Justin Sun, the 30-year-old crypto entrepreneur who bought $10 million worth of GameStop Corp. at the height of its Reddit-fueled rally, is predicting a paradigm shift in investing as younger people swarm into financial assets.
Speaking the same week Elon Musk announced he put $1.5 billion of Tesla Inc.’s cash in Bitcoin, Sun said that a new type of internet-driven investing would benefit cryptocurrencies as well as shares of companies that are able to understand and latch onto “meme culture.”