Michael Novogratz expands his crypto operations, which indicates that the ardent crypto bull remains bullish despite a string of cryptocurrency regulations.
Indeed, Michael Novogratz believes cryptocurrencies have a long future as he continues to bet on a financial big bang and financial inclusion.
As a sign of his cryptocurrency bullishness Michael Novogratz, Galaxy Digital has launched a kind of vast recruitment campaign for talent wanting to work in this young emerging industry. Michael Novogratz’s expansionary mode is in stark contrast with current sentiment where most are being cautious in a period of great uncertainties.
“Michael Novogratz expands his crypto operations, which indicates that the ardent crypto bull remains bullish despite a string of cryptocurrency regulations”
WEALTH TRAINING COMPANY
In a climate of crypto regulations, many investors are waiting to see the outcome but that is not the case for Michael Novogratz, who sees the cryptocurrency market maturing as governments start imposing regulations.
Michael Novogratz must be viewing regulations as positive by believing that a regulated cryptocurrency market will provide legal certainty and reliable supervisory structures for crypto assets.
US President Joe Biden is about to sign an executive order that should serve as a framework for federal regulators.
Moreover, the European Union will vote on the Markets in Crypto Assets or MiCA bill on March 14.
Michael Novogratz expands his crypto operations as crypto order arrives in the two trillion US dollar cryptocurrency market
“Michael Novogratz must be viewing regulations as positive by believing that a regulated cryptocurrency market will provide legal certainty and reliable supervisory structures for crypto assets”
WEALTH TRAINING COMPANY
The company added that: “Responsibilities will range depending on the team you are working with, in addition to an educational program for the whole FLAG Analyst class. Candidates should have at least 6+ months prior work experience and a deep interest in working in cryptocurrency. This class will be a key asset in engineering a new economic paradigm.”
“I think it’s really clear to see that this is a growth industry and Galaxy is a growth company. Eighteen months ago, kind of pre-COVID, or maybe it was two years ago, we were roughly 80 people, and today the combined Galaxy BitGo entity would be 510 people. That’s a lot of growth,” said Michael Novogratz.
“As the crypto-economy continues to mature and adoption trends accelerate, driving both asset price increases and greater quantities of institutional capital into the space, I have never been more bullish about the future of our Company” – Michael Novogratz
Galaxy Digital isn’t stipulating how many people the firm intends to recruit during this campaign.
In his last conference call presenting the latest quarterly results available in early November, Novogratz highlighted that the company’s workforce had grown in recent months.
“As the crypto-economy continues to mature and adoption trends accelerate, driving both asset price increases and greater quantities of institutional capital into the space, I have never been more bullish about the future of our Company,” Novogratz said on November 15.
Bitcoin, the most popular digital currency, is currently trading at $39,289, at the time of writing this piece.
But, that is a far cry from $69,044.77 on November 10 last year.
