Wallet provider Blockchain has launched an OTC trading desk

Quick Take

  • Blockchain, the wallet provider, has launched an OTC trading desk.
  • It is a small part of the firm’s push to gain institutional business in the crypto market.
  • It is being run by Vince Machi, a former trader at DRW.
Another cryptocurrency firm is breaking into the over-the-counter trading business. Blockchain, the European cryptocurrency wallet provider, has launched in recent weeks an OTC desk to execute large trades off of public exchanges such as a Coinbase or Kraken, according a person familiar with the firm’s business. The new desk is being run by former DRW fixed-income […]

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