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IMC Trading hires Alex Casimo as chief commercial officer for its crypto business

CoinDesk
IMC Trading appointed Alex Casimo as CCO for its crypto division to expand its institutional offerings.

Summary

IMC Trading, a Dutch market maker, has hired Alex Casimo as its chief commercial officer for its cryptocurrency business. Casimo, formerly founder and COO of Portofino Technologies and with experience at Citadel Securities, will focus on building strategic relationships with institutional clients in the crypto space. This move reflects a broader trend of traditional finance firms increasing their involvement in crypto as the market matures and demand grows. IMC Trading already handles significant crypto trading volume – around $3 billion daily – across numerous trading pairs and exchanges, utilizing advanced technology and algorithms to provide liquidity and profit from price differences. The company aims to become a leading client-facing firm in the industry.

(Source:CoinDesk)