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3 November
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The blockchain company AlphaPoint, which has Novogratz’s Galaxy Digital as an investor, has welcomed on board former Head of Equity options at Cboe, Kapil Rathi, The Block reports.

In an interview with The Block, Rathi said:

“We are providing technology to players across the space — exchanges, wallet providers — and serving as a backbone. The growth of this asset class will require maturation across those verticals. AlphaPoint wants to be part of the solution. We’re not coming in as an exchange or a custodian.”

Previously, Rathi worked at the New York Stock Exchange in 2016 and at Cboe in 2017.

Earlier this year, Goldman Sachs, a large investment bank and Galaxy Digital Ventures, billionaire Mike Novogratz’ company, invested $15 million in BitGo Holdings, which develops solutions for safe storage of crypto assets.

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