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Patrick J. Schena

FortuneUSA
Interested in
CryptoSovereign Wealth FundsGlobal Capital MarketsAI and Labor
About

Patrick J. Schena covers crypto for Fortune, using his background in sovereign wealth funds and global capital markets to frame digital assets in the context of public investment and long-term economic change. He is BLR Professor of Practice in the Department of Economics at Tufts University and holds additional appointments in international business and finance that keep his reporting grounded in institutional practice and policy. His work stands out for treating new technologies and asset classes as issues of governance, capital allocation, and social impact rather than narrow market speculation.

AI, labor displacement, and public wealth

In his commentary on artificial intelligence and the labor market, Schena focuses on how large-scale technological shifts affect workers and the distribution of economic gains. In one recent Fortune piece, he examines warnings from Nobel laureates about AI-driven job displacement and connects those concerns to broader questions of who owns and benefits from the technologies reshaping the economy. He highlights the idea of using a national investment fund as a mechanism to share returns from AI across the population, treating public wealth vehicles as a policy lever rather than a purely financial instrument.

The analysis blends macroeconomic risk, social justice, and institutional design, showing how debates over AI and automation intersect with the structures that manage public capital.

Sovereign wealth funds and global capital markets

Schena brings deep expertise in sovereign wealth funds and state investors to his coverage of crypto and other emerging asset classes.

Across his professional work, he studies how sovereign investors allocate capital, manage risk, and shape global markets, with particular attention to governance standards and long-horizon investment strategies. His research and advisory roles include detailed reviews of how sovereign wealth funds apply principles meant to ensure transparency, accountability, and sound investment practice, which inform his perspective on regulatory and policy debates. When he writes about financial innovation, he tends to ask how these funds will respond, what constraints they face, and how their choices reverberate through global capital flows.

Institutional investment, infrastructure, and governance standards

Beyond financial markets in the abstract, Schena has written extensively on the social impacts of direct infrastructure investment by institutional and sovereign investors.

His work examines how large public and quasi-public funds participate in infrastructure projects, the frameworks they use to evaluate social and economic outcomes, and the governance structures that oversee these investments. He has contributed independent reviews of sovereign wealth fund practices against the Santiago Principles, giving him a granular view of how funds implement global best-practice standards and how those standards evolve over time.

This focus on infrastructure, standards, and accountability shapes his approach to stories about new technologies and asset classes, where he looks for the mechanisms that connect investment decisions to real-world social and economic effects.

Crypto through the sovereign investor lens

On the crypto beat, Schena approaches digital assets as part of a broader shift in how institutional and sovereign investors navigate innovation, risk, and regulation. He is interested in how crypto sits alongside traditional asset classes in large portfolios, how governance codes and principles adapt to new forms of risk, and how public wealth vehicles might engage with or respond to digital assets. Rather than centering retail trading or short-term price moves, his coverage is distinguished by its focus on policy frameworks, institutional behavior, and the distributional consequences of financial innovation for workers and citizens.

For communications teams, he is relevant when a story touches crypto and AI, but also when it raises questions about sovereign wealth strategy, global capital flows, or the social impact of large-scale investment decisions.

Also covering this beat

4 more crypto journalists.

AC

Alex Carchidi

finance.yahoo.com

Alex Carchidi treats crypto as a long-term investment class for retail investors, focusing on portfolio construction rather than short-term trading noise. He is a healthcare and cryptocurrency analyst at The Motley Fool whose crypto analysis is carried by Yahoo Finance, with a beat centered on Bitcoin, Ethereum, Solana, XRP, and AI-driven crypto projects. His coverage of Bitcoin emphasizes cyclical behavior, halving cycles, momentum, and sentiment, and what those mean for allocation, time horizons, and volatility. He explains how protocol design and new use cases in Ethereum, Solana, XRP, and AI-focused tokens can translate into durable investment theses. He writes in a straightforward, explanatory style, giving practical guidance on crypto exposure, dollar-cost averaging, risk management, and market structure. His broader work includes equities and thematic investing in biotech, pharma, cannabis, and digital asset companies, grounded in prior experience as a bench scientist and science writer in biopharma and biomedical research.

USA·Crypto
AG

Allie Garfinkle

Fortune

Allie Garfinkle covers the people, capital, and technology moving private markets, with crypto treated as part of dealmaking around AI and frontier startups. She is a senior writer and editor at Fortune and edits Term Sheet, its weekday newsletter on venture capital, private equity, and startup funding. Her reporting focuses on new funds, rounds, exits, software, infrastructure, AI, cybersecurity, climate tech, health tech, consumer brands, and private-market risk. She has covered Laravel, insurtech funding, OpenAI, Demis Hassabis and Isomorphic Labs, Nikesh Arora, and the role of AI in climate-tech deals. She also hosts the Term Sheet podcast, contributes to BBC’s Business Matters, co-chairs the Brainstorm conference series, and moderates industry events. Earlier, she covered Amazon, Google, and Meta and helped produce PBS Frontline business documentaries. She explains wider market shifts through individual companies, deals, data, and investor perspectives.

USA·Crypto
AC

Anastasia Chernikova

forbes.com

Anastasia Chernikova covers crypto and digital assets as financial and business infrastructure, with equal focus on market structure and the people inside it. She writes for Forbes on crypto markets, digital asset infrastructure, fintech rails and the human impact of 24/7 trading. Her work sits at the intersection of crypto, artificial intelligence and mental health, linking technical trends to leadership and long‑term resilience. She reports on altcoins, DeFi losses, prediction markets, tokenized real estate, institutional adoption and distribution platforms that could accelerate mainstream use. A second strand tracks how AI and automation reshape crypto and financial workflows, from AI agents acting like employees to social trading feeds and stablecoin rails. She runs Vivid Minds, a newsletter publication on resilience and the psychological costs of high‑pressure careers, and draws on extensive founder and investor interviews to build narrative‑driven features.

USA·Crypto
AB

Anushka Basu

finance.yahoo.com

Anushka Basu covers the points where digital assets, listed companies and policy decisions meet, with crypto markets stories driven by hard numbers rather than hype. She is a crypto markets reporter and staff writer at Stocktwits, and her work on Yahoo Finance centers on Ethereum treasuries, crypto-linked capital raises and how altcoins move against the larger market. She spends repeated time on Bitmine Immersion Technologies and other crypto-treasury names, tracking ETH holdings, staking levels, capital stacks and funding choices to show how companies finance digital asset accumulation. Her beat runs through crypto-linked equities and mining infrastructure, treating index moves, listings, contracts and preferred dividends as catalysts for equity and income investors. Alongside company coverage, she reports on altcoin performance, market cycles, token flows and regulatory risk, translating on-chain and market structure concepts into clear, accessible, technically detailed stories.

USA·Crypto
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