In August, Cohen's Point 72 hedge fund made its first investment in the cryptocurrency sector, backing analytics firm Messari. : Steve Cohen, the billionaire founder of hedge fund Point 72 Asset Management, has agreed to back a new cryptocurrency-trading platform, the Wall Street Journal reported Tuesday. Cohen will personally invest in Radkl, a quantitative trading firm with a focus on digital assets. The company is led by a team from York-based high speed trading firm GTS. According to the WSJ, Cohen's stake in Radkl has not been disclosed. He will not be involved in day-to-day operations, according to a spokesperson.