Share this article
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.
Make us preferred on Google
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.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- 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
More For You
More For You
Bitcoin claws back to $70,000 on cooling inflation after $8.7 billion wipeout
Despite the price recovery, the Crypto Fear & Greed Index remains in “extreme fear,” indicating underlying market anxiety.
What to know:
- Bitcoin’s price recovered above $70,000 after a drop, driven by cooler-than-expected U.S. inflation data and increased risk appetite.
- Despite the price recovery, the Crypto Fear & Greed Index remains in “extreme fear,” indicating underlying market anxiety.
- $8.7 billion in bitcoin losses were realized in the last week, potentially signaling a capitulation event and a shift of supply to stronger hands.
Top Stories
