Crypto

This Goldman Sachs alum is building the Millennium of crypto

London-based Nickel Digital has allocated more than $500m in capital to systematic trading pods, mirroring the model of traditional multi-strategy hedge funds

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Anatoly Crachilov has turned his sights on crypto since leaving the banking world behind Photo: Christopher Pike/Bloomberg/Getty Images

A crypto hedge fund run by a Goldman Sachs veteran has expanded its allocation to external portfolio managers in a bid to become the Millennium of digital assets.

Nickel Digital Asset Management, which was founded by Wall Street veterans including former Goldman Sachs executive director Anatoly Crachilov, is developing a multi-manager platform, drawing inspiration from traditional hedge fund industry leader Millennium, according to a person familiar with the matter.

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