Managing of Galaxy Digital, commercial crypto-Bank, created by Mike Novogratz, added a new top Manager. Richard Kim from Goldman Sachs promoted to CEO.
Is a representative of Goldman, who moved from the familiar world of Finance in a sector blockchain innovations and digital currencies. In 2016, the former managing Director of Goldman James Radetsky left the Bank to work as an Advisor for investments in the cryptocurrency. He later became head of the business development Department in Cumberland Mining.
Already this year, investment firm Cryptocurrency BlockTower Capital has hired Michael Bucella, former Vice-President for multiactiva and global stock Goldman. Matthew Goetz, who for 11 years was Vice President of Goldman, formed BlockTower Capital in 2017. Mike Novogratz, the famous crypto-investor, also worked at Goldman Sachs in the late 1990s.
Many call 2018 time regulations, and despite the fact that the price of the cryptocurrency has declined significantly compared with the end of last year, analysts see positive signs for the industry. The emergence of standards and work on reducing volatility and attract more institutional investors and professionals from the world of Finance.
Watching the growing interest in bitcoin from wall street, we can assume: with regulation comes increased adoption and recognition of the benefits of using digital assets. It is likely that the emergence of new people and thus new money in the market in the near future will give an impetus to the stabilization or even growth of the cryptocurrency.