Citadel founder turned his attention to cryptocurrency markets
Ken Griffin believes that Ethereum-based assets will eventually replace Bitcoin
02.03.2022 - 12:35
625
1 min
0
What’s new? Citadel, a US multinational hedge fund and financial services firm, intends to enter the cryptocurrency markets this year. Citadel founder Ken Griffin spoke on Bloomberg Wealth and commented on the current state of the markets. He stated that in light of recent geopolitical conflicts, they are at a “very volatile inflection point.”
What is Griffin’s position? When the interview turned to digital assets, Griffin, who has previously warned the younger generation against them, said that the company will participate in the crypto-asset markets this year.
Back in November 2021, Griffin was skeptical about cryptocurrencies. However, the billionaire investor did state that Ethereum-based assets will eventually replace Bitcoin, which has a greater impact on the environment. He added:
“It’s fair to assume that over the months to come, you will see us engage in making markets in cryptocurrencies. And I’ll be clear, I’ve been in the naysayer camp over that period of time. But the crypto market today has a market capitalization of about $2 trillion in round numbers, which tells you that I haven’t been right on this call.”
Useful material?
Telegram 
Twitter Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Incidents
According to Blockaid, the attack may have been carried out by the same hacker behind the 1inch Fusion V1 exploit.
May 7, 2026
Incidents
The attacker gained administrative access and altered contracts to drain user funds
Apr 30, 2026
Cryptocurrency rates
-
Bitcoin
$62 643
BTC
-6.29%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.17
XRP
-4.53%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.089339
DOGE
-4.01%
-
Zcash
$606.86
ZEC
-4.15%
-
Cardano
$0.193491
ADA
-9.59%
-
Stellar XLM
$0.202272
XLM
-10.63%
-
Polkadot
$3.32
DOT
+5.27%