A secretive Chicago trading firm is planning to move bitcoin trading out of chatrooms and into the 21st century

June 3, 2019 – Yahoo Finance

The crypto exchange Kraken set up an OTC desk in New York, Business Insider first reported. There’s also Genesis Global Trading and itBit, the OTC run by Paxos.

At the same time, crypto-focused investment funds are opening up at a record pace, according to new research by Crypto Fund Research. Sixty-one new funds have launched in 2018, according to the firm’s research, bringing the total number above 366 globally. Such funds together manage only a paltry $5 billion, however, a fraction of the $3.2 trillion managed by the hedge fund industry…


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