Crypto Futures Markets News 

2 of the largest crypto exchanges have snagged veteran Wall Streeters as they build out businesses to lure in billion dollar investors

“Both have been building-out their services to attract large investors” writes Frank Chaparro for BitMEX and Coinbase, two of the largest market places for crypto, have snagged veteran Wall Streeters as the firms vie for more business from large traditional financial services companies, people familiar with the matter tell Business Insider.She will be work with other folks in Coinbase’s institutional business, which has been building out its white-glove broker business aimed at getting large firms onto Coinbase’s venue.Abendschein, who worked in Credit Suisse’s prime business, will play a role in building out the prime business Coinbase is looking to get off the ground as soon as year-end.BitMEX has brought on Amy Yu as head of institutional sales, according to people familiar with the situation.

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