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James Radecki
Global Head of Business Development at Cumberland, the cryptocurrency arm of DRW
James Radecki served as the Global Head of Business Development at Cumberland, a cryptocurrency trading division of DRW Holdings.1 He joined Cumberland in October 2017 after spending a year as a consultant following his departure from Goldman Sachs.1
Cumberland is known as one of the largest bitcoin trading desks and liquidity providers in the cryptocurrency market.2 As part of his role, Radecki was responsible for overseeing business development initiatives for this prominent crypto trading firm.
Radecki's tenure at Cumberland was relatively short-lived. In March 2019, the company announced that he would be stepping down from his position at the end of that month to pursue new interests.45 This departure came after approximately 18 months with the company.
According to his LinkedIn profile, Radecki was based in the Greater Chicago Area and had over 500 connections on the platform.3 It's worth noting that Cumberland's headquarters are also located in Chicago, Illinois.1
While at Cumberland, Radecki was part of a team that helped establish the company as a significant player in the cryptocurrency trading world. During his time there, Cumberland introduced several notable initiatives, including:
- 24/7 trading services for customers, launched in May 20181
- Trading of bitcoin against U.S. dollars and 500 other cryptocurrency pairs1
- The introduction of Marea, a single-dealer platform for institutional investors, in February 20191
Radecki's departure from Cumberland coincided with other significant personnel changes at the firm. For instance, Bobby Cho, the former COO, also left the company a few months after Radecki's departure.1