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So IMC Trading just brought on Alex Casimo as their chief commercial officer for the crypto business side. Interesting move for a market maker - usually these announcements don't get much attention but when you look at who's hiring who in the crypto business space, it says something about where the money's flowing.
IMC's been pretty quiet compared to some of the bigger names, but they've got serious institutional backing and real infrastructure. Adding someone in a CCO role specifically for their crypto business suggests they're looking to scale that part of the operation. Makes sense given how much volume is moving through digital assets these days.
Not sure if this is a signal about their growth plans or just filling a gap they had, but the crypto business is getting more corporate hires like this. Curious to see what Casimo brings to the table and whether we'll hear more moves from them soon.