Billionaire Ken Moelis Is Watching The Crypto Space, Compares It To Gold Rush Of 1848


What Happened: Ken Moelis, billionaire investor and head of global investment bank Moelis & Co (NYSE: MC) said he had been watching the cryptocurrency space carefully.

When asked whether he was considering a move into the space in an interview with Bloomberg, Moelis said, “Maybe on the personal side, definitely on the business side, we are focused on having expertise and we do.”

Moelis went on to say that “It’s a big market and there’s a lot of capital in there, there’s a lot of projects in the space…its …

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