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Why the former president of NYMEX is betting his wealth on building a crypto bank
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Quick Take
- Having become President of NYMEX at the age of 35, Bo Collins is not shy of a challenge, investing his own money to build a crypto bank to rival all banks
- Collins says he spent time lobbying the government on crypto regulation before setting up shop
- He says now the goal is being a seriously regulated entity and to “create efficiencies” in the crypto trading world, anticipating deposits of $1.5 billion by year-end
Life in Puerto Rico is no doubt a little different than in New York. But for former NYMEX president James “Bo” Collins, swapping Wall Street for the bustle of San Juan is the adventure he’s been seeking for years. “I knew I wanted to invest in crypto. I’d invested as early as 2011. And I […]
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