• A tiny crypto firm making 9-figure bitcoin trades is taking a page out of Goldman Sachs' playbook to become a juggernaut

    2 monthes ago - By Business Insider

    Paxos, the blockchain company, has brought on a trading vet to join its itBit OTC desk, Business Insider has learned.
    Paul Ciavardini is now leading the desk. He says the firm's custody business could help its trading business.
    Paxos' chief executive Charles Cascarilla recently told Business Insider the OTC desk sees nine-figure deals.
    Paxos, the cryptocurrency company, appears to be taking a page out of Goldman Sachs' playbook.
    The firm, which runs a crypto exchange and over-the-counter trading desk via its itBit unit, is looking to leverage its crypto-custody business to lure trading...
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