As it looks to invest in the web3 industry, Apollo Global Management, one of the world’s largest investment JPMorgan and private equity firms with over $450 billion in total assets, has hired Christine Moy, a former crypto executive at JPMorgan.
According to a source familiar with the situation, Moy has joined Apollo as a partner and head of digital asset strategy.Bloomberg first reported the news.
“She might be the most senior woman or even person in tradfi [traditional finance] asset management dedicated to digital assets,” the source said.
According to her LinkedIn page, she had worked for JPMorgan for more than 18 years and had exclusively worked for JPMorgan.
Moy will work with Apollo to assist the company invest in blockchain and web3 firms. The private equity firm would, according to the source, invest in a wide spectrum of blockchain and web3 initiatives, including tokenized projects. It is improbable that the company will buy bitcoin.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Annie
CoinCu News
New York, New York, May 7th, 2024, ChainwireSpectral is excited to announce its participation in…
CBOE proposes rule changes affecting Franklin Bitcoin ETF trading, potentially altering purchase timing for traders.
LOS ANGELES, United States, May 7th, 2024, ChainwireGlobal brands and talent will be able to…
Robinhood Wells Notice from the SEC indicates potential legal action over alleged securities violations in…
Blast Review, the first Layer 2 providing automatic profits to ETH assets and stablecoin holdings,…
Milan, Italy, May 7th, 2024, ChainwireCryptocurrency casino platform TG.Casino and iconic Italian football team AC…
This website uses cookies.