While its meteoric rise mirrors that of Bitcoin, crypto purists fear it’s a distraction from their grand project of deploying blockchain technology to revolutionize modern finance with everything from decentralized currencies to tokenized art.
The same people that were bidding up GameStop Corp., Tilray Inc. and the hundreds of SPACs that hit the market have moved more of their bets to cryptocurrencies.
Public filings give a rare look inside Mousse Partners, the family office for the owners of the Chanel brand.