Dawn Fitzpatrick is the CEO/CIO at Soros Fund. Dawn says that Soros Fund Management, the family of the billionaire investor George Soros (Soros Fund Management), has expanded its existing large portfolio.

While speaking in an interview with Bloomberg on Tuesday, Fitzpatrick stated that “from our perspective again, we own some coins, not a lot, and the coins themselves are less interesting than the use cases of DeFi and things like that.”

These comments are in agreement with an anonymous report that was published early this year indicating that bitcoin trading had begun at the Soros Fund.

After investing in Lukka and NYDIG, Soros Fund has an established history of dealing with cryptocurrency firms. But this is only the public first confirmation that the company has direct exposure. Fitzpatrick added:

I’m not sure bitcoin is only viewed as an inflation hedge. Here I think it’s crossed the chasm to mainstream. Today, cryptocurrencies have a market value of more than $2 trillion. The cryptocurrency has been adopted by 200 million people around the globe.

Back in March, the CEO/CIO gave her two cents on central bank digital currencies (CBDCs), saying that they “are going to be here I think quicker than people expect.She cited China’s CBDC trials for an example, and stated that China’s digital is a potential threat to Bitcoin and other cryptocurrency. […]”I don’t believe they will be able permanently to destabilize Bitcoin.”

It isn’t the only family-owned business that is jumping on to the crypto train. Point72 Asset Management, owned by Steve Cohen, has recently invested in cryptocurrency startups such as Zero Hash and Messari. Third Point (NYSE;) is also reported to hold crypto.

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