Jane Street Increases Crypto Footprint with 5% Stakes in Coinbase, Strategy, and Iris Energy
Jane Street, a major global trading firm with over $450 billion in managed assets, has quietly secured 5% stakes in Coinbase, Strategy, and Iris Energy, according to a Schedule 13G filing with the SEC.
This move follows a trend of financial giants investing in crypto-linked assets, signaling strong institutional confidence in digital currencies. Coinbase, a leading crypto exchange, Strategy (formerly MicroStrategy) with its significant bitcoin holdings, and Iris Energy, a top bitcoin miner, all reflect the growing institutional interest in cryptocurrency as a mainstream asset class.
Clever Robot News Desk 18th February 2025
