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One River Asset Management Adds Ex-SEC Chairman Jay Clayton As Its Cryptocurrency Advisor
Summary: According to Forbes, One River Asset Management, a $2.5 billion hedge fund has hired Jay Clayton, former chairman of the US Securities and Exchange Commission (SEC), as a cryptocurrency adviser. Clayton will become one of One River’s three advisers, the other two are Kevin Hassett (former President Donald Trump’s Chairman of the Economic Advisory Committee); Jonathan Orszag ...
According to Forbes, One River Asset Management, a $2.5 billion hedge fund has hired Jay Clayton, former chairman of the US Securities and Exchange Commission (SEC), as a cryptocurrency adviser.
Clayton will become one of One River’s three advisers, the other two are Kevin Hassett (former President Donald Trump’s Chairman of the Economic Advisory Committee); Jonathan Orszag (formerly an economic adviser in the Clinton administration).
Clayton said: "The digitization of our financial ecosystem isn't just is coming, it’s already here. Three years ago, I didn’t believe we would be where we are today -- the number of respected investors who have embraced digital assets. I would not have predicted this level of take-up."
Last year, One River Digital which backed by hedge fund giant Alan Howard bought $600 million worth of Bitcoin and Ethereum, CEO Evan Peters said that the amount will increase to $1 billion by the first quarter of 2021.
By Mary Liu
Tags: Bitcoin,Jay Clayton,One River Asset Management,One River Digital,SEC
Link: One River Asset Management Adds Ex-SEC Chairman Jay Clayton As Its Cryptocurrency Advisor [Copy]
