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Former HSBC, Citigroup Executives Manage $50 million Worth Of Crypto Fund

Mary Liu

Summary: According to Coindesk, traditional banking executives who have worked at HSBC, Citigroup, and Merrill Lynch manage $50 million worth of crypto assets through Hong Kong-based fund Liquibit Capital. Liquibit, whose major managers are from traditional financial giants including WellsFargo, Barclays Capital, JPMorgan, arbitrage portfolios of BTC, BCH, ETH, LTC, and EOS. It also plans to ...

According to Coindesk, traditional banking executives who have worked at HSBC, Citigroup, and Merrill Lynch manage $50 million worth of crypto assets through Hong Kong-based fund Liquibit Capital.

Liquibit, whose major managers are from traditional financial giants including WellsFargo, Barclays Capital, JPMorgan, arbitrage portfolios of BTC, BCH, ETH, LTC, and EOS. It also plans to expand to trading derivatives, options, and futures on more Asia-based exchanges like BitMex, Huobi, OkEx, etc.

BY Mary Liu

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