Bannon Betting Big on FinTech

Stephen Bannon, Trump’s Former Strategist, Is Banking on the Crypto Industry

Stephen Bannon believes that cryptocurrencies can disrupt the financial industry in the same way that Donald Trump disrupted American politics. He also revealed that he owns a “good stake” in Bitcoin and that he has invested in a number of crypto startups through his investment company, Bannon & Company.

In an interview with The New York Times published on June 14, the former White House chief strategist revealed that he has been attracted to cryptos for a long time, as “they break old rules, they exist on the periphery, and they pose a challenge to the powerful figures and institutions that have long called the shots.”

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