The main purpose of the new structure is to provide big players with an easy entry into the field of digital assets

​FTX to launch a division for large investors

10.03.2022 - 10:00

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1 min

What’s new? The FTX cryptocurrency exchange has announced the creation of a new division called FTX Access. Its staff will be tasked with implementing a strategy to provide institutional investors with services related to digital assets. This is announced by Bloomberg.

News on the Bloomberg website

What services are planned to be launched? According to the exchange’s CEO Sam Bankman-Fried, the company is recording a growing interest in the field of cryptocurrencies on the part of institutional investors. The creation of FTX Access will provide them with advisory services and market analytics tools.

The new division will be headed by Gustavo Miguel, who previously worked at Coinbase. Under his leadership, it is planned to add the ability to provide institutional investors with access to crypto derivatives and asset management to the list of services in the future.

Author:

Michael Golikov Michael Golikov

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