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
Izabella Kaminska considers the following as important: Uncategorised
This could be interesting, too:
FT Alphaville writes Thought for the weekend
Sujeet Indap writes Should you trust your investment banker to be faithful?
Thomas Hale writes The strange economics of the university strikes
Thomas Hale writes Further reading
Courtesy of crypto derivative exchange BitMex’s daily digest note: