Billionaire Steve Cohen's Point72 Asset Management is reportedly planning to make a major entrance into the $2 trillion cryptocurrency market, The Block reported on Thursday. A source told The Block that Point72 plans to "get big in crypto" and is in the process of hiring people. Point72 - which has $22.1 billion of assets under management as of April 1 - will be investing from its venture capital arm, Point72 Ventures, and from its hedge fund, according to The Block. Cohen's resume spans decades in finance.