Wall Street exec moves to crypto

Former Goldman Sachs executive Richard Kim has been recruited by early cryptocurrency investor Mike Novogratz according to reports by Bloomberg.

The move is the latest in a string of ex-Wall Street executives changing direction to work for cyrptocurrency investment firms.

Mr Kim will join Novogratz’s cryptocurrency merchant bank Galaxy Digital as the Chief Operating Officer in the coming weeks.

Novogratz formerly worked for Goldman Sachs in the 1990s.