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Goldman's Ex-Head of Digital Assets Joins Talos: Report

Justin Schmidt has become the latest Wall Streeter to leave a traditional finance firm to join one fully on the crypto side of things.

Updated Sep 14, 2021, 12:37 p.m. Published Apr 7, 2021, 12:13 a.m.
Goldman Sachs

Goldman Sachs' former Head of Digital Asset Markets is now head of strategy at Talos, a crypto-trading engineering firm, according to a published report.

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  • Justin Schmidt left Goldman late last year as the financial giant was preparing to offer investment vehicles for digital assets to clients, Bloomberg said, noting that Goldman took a stake in BitGo during Schmidt's time there.
  • Talos, which is based in New York, provides technology to the financial world that supports digital assets trading from price discovery through settlement. It was founded a year and a half ago.
  • Part of Schmidt's remit will be to help the company expand internationally, the report said.
  • With the move, Schmidt has become the latest Wall Streeter to leave a traditional finance firm to join one fully on the crypto side of things.

Read more: Institutional Crypto Platform Talos Emerges From Stealth Mode