Skip to content

A $5 Billion SoftBank Fund is 10% Crypto, LatAm Director Says

  • A $5 billion SoftBank fund is 10% crypto-related assets
  • It’s the most relevant thing going on globally: Passoni
Green Crypto Miner In Canada To Go Public With Ticker 'SATO'
Photographer: Christinne Muschi/Bloomberg
From

It’s “obvious” the most attractive space to invest in Latin America is crypto, according to SoftBank’s Paulo Passoni. 

The managing director of SoftBank’s Latin America Fund said approximately 10% of one of the firm’s $5 billion funds is invested in crypto-related assets, which is a strategy he supports even if some tokens are overvalued.