Crypto Custody Firm BitGo Hires Former Genesis Exec Matthew Ballensweig to Lead Go Network

“This next era of institutional adoption has to be done via a tech-focused mindset first; you can’t just throw a balance sheet at it,” Ballensweig said in an interview with CoinDesk. “When I heard [BitGo CEO] Mike Belshe’s vision for this, it was precisely how I would have designed this next institutional trading phase, with the separation of custody and trading and settlement.”

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