This talent was former head of machine learning in algo trading at a large trading firm. This also includes Citadel. ALl of the sudden, this person started a crypto firm. She referred to it as:
Just don’t call it crypto, though.
“We’re targeting institutional clients and so we refer to digital assets,” says Katia Babbar, co-founder of Immersive Finance, a new derivatives platform for the crypto industry. “We’re building a risk management system for digital assets and decentralized finance.”…
“Before the crash, spreads were good and it was less necessary to be diligent about risk management. Now, we’re in a different scenario where looking at risk is paramount.” The founders for failed crypto hedge fund 3 Arrows Capital would undoubtedly agree: “Risk departments were very relaxed about like the kind of risks that we were taking,” they told Bloomberg last week.
https://www.efinancialcareers.com/news/2022/07/bankers-still-moving-to-crypto
It is digital assets not crypto no more
Get your portfolio evaluated https://quantlas.net/portfolio/
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
