06.25.2024

Head of Jump Trading’s Crypto Unit Steps Down

06.25.2024
Head of Jump Trading’s Crypto Unit Steps Down

Kanav Kariya, president at market maker Jump Crypto, said:

“Today marks the end of an incredible personal journey for me. It’s my last day at Jump, a moment I’m receiving with both a heavy heart and great excitement about the road ahead. I’m leaving with a set of awesome relationships and unique, invaluable and shaping experiences. It’s difficult for me to adequately express my gratitude to the leadership at Jump, my team, and the partners we’ve worked with for all their support through the years. Thank you.

I’m confident that Jump Crypto will continue to do great work in the industry.

As for what’s next, I plan to stay engaged with the portfolio companies I’ve been most involved with and hopefully take some time to process the unbelievably eventful few years we’ve had. It’s also a greatly welcome opportunity for me to catch up on relationships and reading that I had set on the back burner. Barring that, I’m going to attempt to be patient for inspiration to deeply strike until I manically commit myself to the next effort.

A heartfelt thanks to everyone who has been supportive to me on this journey. I’m genuinely overwhelmed by the kindness and encouragement I’ve received along the way.”

Source: X

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Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

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