Hunter Margaret has been appointed Digital Assets COO at $53.5 billion hedge fund Millennium Management. LinkedIn.
Margaret entered the crypto industry in 2018, having previously worked for 12 years at Barclays, RBC Capital Markets and Credit Suisse.
Until June 2021, he headed the US division of Bitstamp, before that he worked for two years as the head of the trading division at Coinbase. A new position at Millenium will not prevent him from remaining a partner at Castle Island Ventures.
Edition The Block reported that Hunter will be engaged in the creation of a strategy and trading operations. Millennium Management is now building a digital asset division, building a team from 2020. For example, in April 2021 the company invested to bitcoin through the Grayscale Bitcoin Trust.
A month later СoinDesk reported that Millennium Management, Point72 Asset Management and Matrix Capital Management are at different stages of creating cryptocurrency funds.
We reported that a trader and the head of Factor LLC, Peter Brandt, spoke about a possible fall in the value of bitcoin to the level of $28,000.
