The company plans to expand its digital asset business, according to Foundation CEO Aron Landy.
British hedge fund Brevan Howard, which manages over $ 7 billion in assets, has announced the launch of BH Digital’s cryptocurrency division. Reuters . The foundation hired CMT Digital CEO Collin Sullivan to lead the new division.
“Sullivan’s exceptional track record of successful cryptocurrency venture capital investments
will provide tremendous value to Brevan Howard’s clients and underscore the firm’s commitment to rapidly expanding its platform
and offering in the cryptocurrency and digital asset space,” said Brevan Howard CEO Aaron Landy.
In late August, it became known that banking giant Citigroup is awaiting approval from financial regulators to begin trading bitcoin futures on the Chicago Mercantile Exchange (CME).
In July, State Street, one of the oldest banks in the United States, offered crypto services to wealthy clients of its funds. The bank is ready to assist in reporting and processing transactions with digital assets.
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