Research

🏀 Milwaukee Bucks owner has 1% of his assets in crypto

Messari

Jul 18, 2018 ⋅  1 min read

Marc Lasry, co-owner of the NBA's Milwaukee Bucks and CEO of Avenue Capital, has 1% of his $1.68 billion fortune invested in cryptoassets. Lasry said that his crypto investments are in his personal account, because his fund focuses on distressed assets and "you can't say crypto is distressed". Avenue Capital has $9.6 billion in assets.

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