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Topic: [2021-09-23] Ex-Goldman, Morgan Stanley Execs Join Crypto Unicorn (Read 49 times)

legendary
Activity: 1596
Merit: 1027
If Cryptos are not going to Wall Street, Wall Street will surely go to cryptos! These guys are real "wolves" and they know where the money is. Besides, when we see that "wolves" are ready to turn their back to Wall Street to start embracing cryptos, it really makes me bullish.

member
Activity: 66
Merit: 17
A group of former Goldman Sachs Group Inc. and Morgan Stanley executives have joined a crypto-trading platform started by their peers, part of a growing cohort of Wall Street veterans betting on the volatile world of digital assets.

Amber Group has appointed former Goldman Sachs partner Dimitrios Kavvathas as Chief Strategy Officer, and ex-Morgan Stanley managing director Todd Miller as Chief Operating Officer for the Americas. Sotirios Kavvathas, a younger brother of Dimitrios who held leadership roles at auditor BDO and Royal Bank of Scotland, will serve as the operations chief for Europe, the Hong Kong-based startup said in a statement Friday. It also added three regional directors for Europe, all of whom hail from the finance industry.

Amber, founded in 2018 by five Morgan Stanley traders, belongs to a crop of fledging firms developing financial services - from over-the-counter trading to derivatives and structured products - for professional crypto traders and investors. In June, the firm raised $100 million from investors including DCM Ventures and Tiger Global Management, boosting its valuation to $1 billion.

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