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Goldman's Ex-Head of Digital Assets Joins Talos: Report
Justin Schmidt has become the latest Wall Streeter to leave a traditional finance firm to join one fully on the crypto side of things.
Goldman Sachs' former Head of Digital Asset Markets is now head of strategy at Talos, a crypto-trading engineering firm, according to a published report.
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- Justin Schmidt left Goldman late last year as the financial giant was preparing to offer investment vehicles for digital assets to clients, Bloomberg said, noting that Goldman took a stake in BitGo during Schmidt's time there.
- Talos, which is based in New York, provides technology to the financial world that supports digital assets trading from price discovery through settlement. It was founded a year and a half ago.
- Part of Schmidt's remit will be to help the company expand internationally, the report said.
- With the move, Schmidt has become the latest Wall Streeter to leave a traditional finance firm to join one fully on the crypto side of things.
Read more: Institutional Crypto Platform Talos Emerges From Stealth Mode
Kevin Reynolds
Kevin Reynolds was the editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.
