BitGo brings on trading executive to solve industry 'pain-points' as it eyes new opportunities to lure institutions into cryptocurrency

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Quick Take

  • BitGo has brought on a high-frequency trading executive to make crypto look more like Wall Street
  • Nick Carmi is joining from Tower Research as head of financial services
  • The hire is another sign BitGo is looking to expand outside of its sleepy custody business and is flirting with new corners of the crypto market. 
“When I trade dollars against bitcoin, why does it have to be this difficult?” It’s a question Nick Carmi wants to grapple with in his new seat as head of financial services at cryptocurrency custody firm BitGo. The 20-year trading veteran and former global head of FICC trading at Tower Research says he will help […]
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