Bobby Cho is the worldwide head of buying and selling at Cumberland—which is the crypto arm of Chicago buying and selling agency, DRW and it’s one of many largest liquidity suppliers within the house. Previous to this, Bobby was director of buying and selling at itBit and vice chairman of buying and selling at Digital Foreign money Group (previously referred to as SecondMarket).
After that includes on the podcast in August final yr, I assumed it might be becoming to test in with Bobby once more, due to the occasions which have unfolded in cryptocurrency markets over the previous 12 months…
Our dialog begins with a few of the highlights from the current Cumberland Summit—which was an trade occasion for insiders, and Cumberland’s worldwide enlargement. Then we get into Bitcoin’s sudden rise and decline from $20k, whether or not or not crypto markets have matured, decentralised exchanges, crypto’s worth and use circumstances, institutional involvement and the larger image transferring ahead.
Bobby Cho: International head of buying and selling at Cumberland, a DRW firm. Picture supply: David Kasnic for WSJ