Brevan Howard, a UK hedge fund, plans to “significantly expand” its investment in cryptocurrencies and digital assets.
Reuters“We are committed to rapidly expanding our crypto and digital asset platforms and products,” said Aaron Randy, CEO of Brevan Howard.
Brevan Howard’s strategy in cryptocurrencies is developed in a two-sided operation. The company has appointed CMT Digital CEO Colleen Sullivan to launch a new division, BH Digital, to manage cryptocurrencies and digital assets, while at the same time promoting venture investment in cryptocurrencies. ..
Sullivan has led CMT Digital, a cryptocurrency trading and blockchain investor since late 2013. At Brevan, he chairs an investment committee that develops new strategies focused on cryptocurrencies. Brevan CEO Randy said he “has an extraordinary track record in crypto venture investment,” adding that his appointment “will bring significant benefits to Brevan Howard’s clients.”
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