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Finance

Tiger Global races ahead of SoftBank, Tencent in VC deals

Hedge funds overheat unlisted stocks like 'tourist investors,' market watchers say

Coinbase listed on Nasdaq this year. Hedge fund Tiger Global backed the U.S. cryptocurrency exchange.   © Reuters
TAKENORI MIYAMOTO and YUTA KOGA, Nikkei staff writers | U.S.

NEW YORK/TOKYO -- As global investment in unlisted stocks surged in 2021, one name stood out for its frenetic pace of venture capital dealmaking: Tiger Global Management.

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