IMC Trading is one of those big-name market makers, right? It sounds like Alex Casimo has been appointed to the top sales role in their cryptocurrency division. I don’t really know what kind of background Casimo has, but if a major firm like this is making personnel moves, does that mean the market is moving too?

Since market makers are companies that provide liquidity, the fact that someone with sales experience like Casimo is coming aboard probably means the crypto space is getting more serious. I guess it’s about building infrastructure for institutional investors, but the fact that we’re seeing more and more news like this makes it feel like the industry is maturing.

Come to think of it, CoinDesk also reports plenty of personnel news like this—so it might be interesting to see what kind of talent movement is happening across the whole industry.