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The company has created a new group focusing on digital assets and will start by offering Bitcoin and Ether custody services for institutions. The firm also onboarded Ira Auerbach, who previously led prime broker services at crypto exchange Gemini, as the head of its new digital assets division.
Henrik Andersson, an executive at the fund manager Apollo Capital, also recently spoke to Cointelegraph. He said institutions would soon make a U-turn regarding their hands-off stance on crypto. The executive highlighted that there will be a time when people won’t want to miss out and that it will become a “career risk not to be invested.”
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