Steve Cohen’s Fund Invests in 24-Hour Exchange That Jumped Into Crypto
- 24 Exchange’s $14 million funding led by Point72 Ventures
- Investment supports growth into asset classes including crypto
Steve Cohen
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
A 24-hour trading venue’s embrace of cryptocurrencies helped it secure $14 million in a funding round led by billionaire Steve Cohen’s Point72 Ventures.
The funds will help 24 Exchange’s trading platform continue to expand in asset classes including crypto and equities, the company said Wednesday in a statement. The goal is to bring trading to institutional and retail investors around the clock, according to founder and Chief Executive Officer Dmitri Galinov.