$2.2 Trillion Asset Manager Considering ‘Trading Certain Cryptocurrencies’

On Wednesday (October 20), Daniel Ivascyn, the CIO of fixed income focused investment management firm PIMCO, which manages $2.20 trillion in assets (as of 30 June 2021) for “central banks, sovereign wealth funds, pension funds, corporations, foundations and endowments, and individual investors around the world”, said that his firm is considering “potentially trading certain cryptocurrencies”. […]