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Just saw that IMC Trading brought on Alex Casimo as their new chief commercial officer for the crypto side. Pretty interesting move for a market maker of their size. Alex Casimo coming in suggests they're serious about expanding their crypto operations more aggressively.
IMC's been around for a while in traditional markets, so having someone like Alex Casimo step into that role probably means they're looking to scale up and compete harder in the digital assets space. The whole thing feels like another sign that institutional players are doubling down on crypto infrastructure right now.
Wonder if this is part of a bigger push to grab more market share. Alex Casimo's appointment could be pretty telling about where they're heading next.