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BitGo Appoints Nick Carmi as Head of Financial Services

May 9, 2019

PALO ALTO, Calif.--(BUSINESS WIRE)--May 9, 2019--BitGo, the leader in digital asset financial services, announced today the appointment of Nick Carmi as Head of Financial Services. Nick joins BitGo from Tower Research Capital, where he was Global Head of FICC Business. He will report to BitGo CEO Mike Belshe.

“Nick brings the right type of experience for BitGo to bridge between the complex technology of digital assets and the traditional financial markets. Nick brings a wealth of industry knowledge and has built these types of systems before,” said Mike Belshe, CEO, BitGo. “Nick will be critical to our future progress, helping us meet the existing needs of traditional clients while also helping us build a better financial market of the future in ways that can only be done with digital assets.”

Nick brings 25 years of experience as a successful financial executive. As Global Head of FICC Business for Tower Research Capital he ran the firm’s FX and FI businesses and was responsible for oversight of operational risk, prime brokers’ leverage and counterparty trading limits, developing access to new products including NDFs, CCY Options and cryptocurrencies.

Prior to joining Tower, Nick was Director in Listed and OTC Clearing Sales at Deutsche Bank where he helped start Fixed Income Prime Brokerage for Treasury and Repo services and helped the Equity Derivative Franchise build a best in class OCC clearing service. He joined Tower from SpreadZero, a dark pool business for Fixed Income securities. As CEO, he created numerous partnerships and expanded the firm into Europe and Asia. Earlier in his career he worked at Barclays, Lehman Brothers, UBS, and Credit Suisse.

He holds bachelor and master degrees in applied mathematics and statistics from Stony Brook University.

About BitGo:

BitGo is the leader in institutional digital asset financial services, providing clients with security, custodial, and liquidity solutions. BitGo is the world’s largest processor of on-chain bitcoin transactions, processing 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. The company supports over 100 coins and tokens, and has over $2 billion in assets in wallet. BitGo’s customer base includes the world’s largest cryptocurrency exchanges and spans more than 50 countries. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo is backed by Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Goldman Sachs, Redpoint Ventures, and Valor Equity Partners.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190509005313/en/

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