The bank will protect itself from the cryptocurrency’s volatility by buying and selling bitcoin futures in block trades.
Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures.
Crypto market maker Cumberland is upgrading from trading by Skype to modern-day Wall Street-style screen-based interactions.
Ten crypto and financial startups are forming a new association to create standards of conduct for the blockchain space.