Wednesday , September 20 2017
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When crypto portfolios go mainstream

Summary:
Courtesy of crypto derivative exchange BitMex’s daily digest note:The commentary from BitMex CEO, Arthur Hayes adds:I receive linkedin messages daily from newly minted fund managers on the crypto haj through Asia. Many of these newbies come from legacy financial institutions. In most cases they have commitments for to million.One thing many managers convey to me is how much easier it is to raise money for a digital currency hedge fund. While the AUM is much smaller at this stage, investors will gladly hand over their money even after you inform them it is entirely possible that they will swiftly lose every cent.Related links:Goldman’s foray into cryptocurrency – FT Alphaville

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Courtesy of crypto derivative exchange BitMex’s daily digest note:

Izabella Kaminska
Izabella Kaminska joined FT Alphaville in October 2008, which was, perhaps, the best time in the world to become a financial blogger. Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP’s internal magazine. She has also worked as a reporter on English language business papers in Poland and Azerbaijan and was a Reuters graduate trainee in 2004.

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