Peter Thiel’s Founders Fund takes a bet on crypto once again

Peter Thiel’s Founders Fund takes a bet on crypto once again

FILE PHOTO: Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether, sources said, signalling Silicon Valley’s renewed interest in cryptocurrency markets.