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Hunter Merghart
COO, Digital Assets at Millennium
Hunter Merghart is a prominent figure in the cryptocurrency and digital asset space who currently serves as the Chief Operating Officer (COO) of Digital Assets at Millennium, a major hedge fund managing $53 billion in assets.12
Career Background
Merghart has an extensive background in the cryptocurrency industry:
- He joined Millennium in 2022 to lead the firm's digital asset strategy and infrastructure development.1
- Prior to Millennium, he was the Head of US operations at Bitstamp, a cryptocurrency exchange.2
- He previously held the position of Head of Trading at Coinbase, another major cryptocurrency exchange.1
- Merghart began his crypto career in 2017 when he left Barclays to join Coinbase.1
Current Roles
In addition to his position at Millennium, Merghart maintains other roles in the crypto space:
- He continues to work as a Venture Partner at Castle Island Ventures, a notable crypto-focused venture capital firm.1
- At Millennium, he is responsible for spearheading the firm's overall crypto strategy and operations, which are still in a relatively early stage.1
Significance in the Industry
Merghart's appointment at Millennium is noteworthy because it represents a growing trend of traditional finance institutions entering the cryptocurrency market:
- His hiring signals Millennium's serious intent to develop its presence in the digital asset space.1
- As COO of Digital Assets, Merghart is tasked with building out crypto infrastructure for the firm and making key hires.1
Hunter Merghart's career trajectory and current position at Millennium highlight the increasing convergence of traditional finance and the cryptocurrency industry, as major hedge funds and financial institutions continue to explore and invest in digital assets.