Global cryptocurrency market maker GSR has added former JPMorgan Chase executive Andreas Koukorinis to its executive team.
GSR said in a press release on Wednesday, January 31, At JPMorgan Chase for 5 years announced that it hired Andreas Koukorinis, who was working as a manager, as head of trading.
Making a statement to Bloomberg about his new position, Koukorinis said that GSR spot Bitcoin exchange-traded funds (ETFs) He stated that he aims to become an authorized participant and market maker for:
The next few years will be fundamental in defining the market infrastructure for digital assets, and I see GSR as uniquely positioned to capitalize on the trading opportunities this presents. I think we’ll have a chance to build a retail-facing business, servicing ETFs and trading retail flows.
Another name who made a statement on the subject is the founding partner and president of GSR. Rich Rosenblum happened. Rosenblum, by including important names from the traditional financial sector into the cryptocurrency market They are taking firm steps forward noted:
Our business is largely focused on serving the cryptocurrency industry with access to altcoins. We are looking to expand our capabilities and offerings to groups on TradFi. They are more likely to invest in Bitcoin and soon Ethereum.