Galaxy Digital’s co-head of trading, Robert Bogucki, is leaving for BH Digital, the crypto unit of Brevan Howard, according to two people familiar with the matter.
Why it matters: The crypto industry has seen a bit of an executive shuffle amid the crypto winter. Recall Genesis CEO Michael Moro announced his exit last month and Kraken’s Jesse Powell stepped down as CEO this week.
- “We wish Robert the best of luck,” Michael Wursthorn, Galaxy spokesperson, said, confirming Bogucki’s departure.
- Brevan Howard declined to comment. Bogucki did not respond to requests for comment.
Details: Bogucki joined Galaxy in January 2021 and was recently global co-head of trading with Jason Urban.
- He was previously co-head of global Fixed Income Clearing Corporation (FICC) at Barclays and a portfolio manager at Graticule Asset Management Asia.
The big picture: The line between TradFi and crypto continues to blur and the competition for talent is ratcheting up.