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BitGo Taps New Sales Exec During Crypto Custody Push
BitGo has announced it hired Bloomberg Tradebook head Josh Schwartz as its new vice president of sales.
By Nikhilesh De
Updated Sep 13, 2021, 8:00 a.m. Published May 29, 2018, 7:01 p.m.
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BitGo, the cryptocurrency security firm, has hired a former Bloomberg Tradebook executive to serve as its new vice president of sales.
The hire of Josh Schwartz was announced in a blog post published Tuesday. BitGo say that Schwartz' experience in business development roles will assist in "building institutional-grade security, storage, compliance, and custody solutions for digital assets." The company announced the hire as being part of the effort to build its own in-house asset custodian.
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According to the post:
"Josh comes to us with over 16 years of sales leadership in financial services. He brings a strong background in trading technology and transaction cost analysis, and has extensive capital markets experience across buy-side and sell-side firms."
Prior to BitGo, Schwartz was Bloomberg's global head of business development for its Tradebook product, a former head of business development at Axiom Investment Advisors, and has previously worked at financial services firm Cantor Fitzgerald, according to the post.
The move comes on the heels of BitGo's announcement that it would no longer proceed with its purchase of the Kingdom Trust asset custodian, instead preferring to build its own.
As previously reported by CoinDesk, the firm announced it is seeking a charter to build the BitGo Trust, which would be a regulated custodian purely for digital assets.
Further, BitGo detailed its plans to focus on institutional-level investors during CoinDesk's Consensus 2018 conference earlier this month.
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
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- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
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