Blockfi Taps CME Man to Run Trading
Posted by Colin Lambert. Last updated: April 12, 2021
BlockFi has named Joseph Hickey as global head of trading. In this role, Hickey will be responsible for expanding the firm’s institutional trading relationships and risk management processes to meet growing crypto liquidity and funding needs.
Hickey joins from CME Group, where he managed an institutional distribution team responsible for building relationships with senior decisionmakers to influence trading behaviour across buy-side, sell-side, and intermediaries. Prior to CME Group, he held leadership roles at Bank of America, one of which included being a founding member of the Delta One Trading business. Hickey began his professional career at Goldman Sachs as a global strategist where he published research focused on global sector and asset allocation.
“As we continue to expand trading relationships with institutional investors, we’re thrilled to have Joseph join BlockFi as he will play an integral role in liaising with clients and external partners,” says Zac Prince, CEO of BlockFi. “Joseph’s trading experience is critical to the evolving digital asset market, where institutional crypto investors’ strategies continue to grow in complexity.”
Hickey adds, “Digital assets are the future of finance, and a growing number of institutional investors believe that digital assets should be a part of their investment portfolio. Companies like BlockFi are crucial to meeting these rapidly growing demands and I’m excited to be at the forefront of this paradigm shift at BlockFi.”