Former BlackRock Specialists Created Bitcoin Hedge Fund

Two ex-BlackRock fixed income managers have joined forces to set up a cryptocurrency hedge fund called Prime Factor Capital
01 February 2018   1052

Adam Grimsley, who was a fixed income specialist for eight years at the BlackRock fund giant, and Michael Wong, who headed up fixed income asset allocation, have teamed up to launch Prime Factor Capital with Nic Niedermowwe, who entered the crypto space in early 2017 with a market-making business.

Niedermowwe will head up the new firm as chief executive while Wong and Grimsley will be CIO and head of investment solutions.

We want to become the BlackRock of crypto asset managers. Regulation is still in its early stages but it is evolving rapidly and we are working with regulators to ensure we are ahead of the game.

 

Nic Niedermowwe

The trio said they have seen the most demand from family offices, high-net-worth clients, and professional investors, while they predicted institutions to move in as well eventually.

Google to Add BTC Symbol for iOs Users

Bitcoin symbol comes in Gboard when holding the dollar symbol
20 February 2019   94

oogle Inc. has added the bitcoin symbol available on the keyboard of iPhone users. Reported Decrypt.

To use it in a message, you need to switch from the standard Apple keyboard to the Google Gboard keyboard and hold down the dollar symbol. The pop-up window will display symbols of several major world currencies. Bitcoin icon is located on the left.

BTC Symbol in Gboard for iOs
BTC Symbol in Gboard for iOs

Whether the symbol will be added to the Android keyboard is still unknown.