Raoul Pal, the macro guru and CEO of Real Vision, has revealed his cryptocurrency holdings, stating that he is focusing on capturing the potential growth of riskier digital assets.
In a recent interview on the Crypto Banter YouTube channel, Pal, a former executive at Goldman Sachs, disclosed that approximately 90% of his portfolio consists of crypto hedge funds, Solana (SOL), non-fungible tokens (NFTs), and the layer-1 blockchain Sui (SUI).
“I have about 90% of my holdings in Solana and hedge funds… I also own a collection of NFTs – I’ve been acquiring high-end art in the form of NFTs. However, the majority of my Ethereum is allocated to the asset management firm I own, which is responsible for selecting the right tokens through hedge funds,” Pal explained.
Pal further discussed his investment in Sui, which competes with both Solana and Ethereum.
“I wanted to explore the crypto space from various angles because there are numerous opportunities here, and I wanted to fully understand and experience it all. I wanted to be part of the journey of one of the major layer-1 blockchain projects, but it’s crucial to be cautious about which project to be associated with. Sui, however, is a highly reputable group that emerged from Facebook… It’s a fascinating and remarkable project led by incredibly talented individuals,” Pal noted.
Pal also shared his reasons for investing in SOL and crypto hedge funds.
“SOL is similar to ETH during the previous cycle. As for the hedge funds, they are currently at the highest level of risk because it’s alt season,” he said.
At the time of writing, SUI is trading at $1.60, while SOL is trading at $145.81.
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