Copy link
Increase text size
Decrease text size
Link copied

Crypto fund Hashdex continues its U.S. expansion after surpassing $1B in AUM

The Brazil-based crypto asset manager recently appointed former Morgan Stanley executive Matthew Flood and startup Veteran Jack Song to help accelerate the crypto asset manager’s growth in the U.S. market.

Photo by Photospirit of Pixabay

Thu, 16 Dec 2021, 10:32 am UTC

Crypto-focused asset manager Hashdex is pushing ahead with its U.S. expansion. The Brazil-based firm recently appointed former Morgan Stanley executive Matthew Flood and startup Veteran Jack Song.

In a press release on December 14, Hashdex announce the appointment of Matthew Flood as Head of Business Development-U.S. Meanwhile, Jack Song is the new Head of Corporate Communications and Chief of Staff-U.S.

Both posts are newly created leadership positions to help accelerate the crypto asset manager’s growth in the U.S. market. Hashdex recently surpassed $1 billion in assets under management and is keen to further grow its presence and offerings in the market.

“As the market leader in Latin America, Hashdex has significant experience in delivering on our mission of helping people around the world better understand and gain diversified exposure to the crypto asset class,” Hashdex CEO and Co-Founder Marcelo Sampaio said. “Through their proven backgrounds in investment and business development, Matthew and Jack will be invaluable additions to our team as we enhance our efforts in the U.S. to serve innovative investors adding crypto to their portfolios.”

Flood previously served as business development at Morgan Stanley and also held positions at UBS Asset Management and Mercer Consulting. He will focus on expanding Hashdex’s fund product access and distribution in the U.S. market given his experience in providing investors with the best investment opportunities across all alternative asset classes.

Song previously worked with companies such as Lime, Grabango, and other venture-backed startups and specialized in global technology communications. He will head Hashdex’s corporate communications given his expertise in marketing and communications strategy and proven track record of transforming startups into industry leaders.

Hashdex teamed up with the Nasdaq stock exchange in February to create the Nasdaq Crypto Index and launch the Hashdex Nasdaq Crypto Index ETF, according to Coindesk. The company also partnered with the U.S.-based Victory Capital in June to launch crypto investment products such as the Victory Hashdex Nasdaq Crypto Index Fund.

“With our deep crypto knowledge, phenomenal partners, and global experience, including operating the leading crypto index ETF in the world, HASH11, we are in the ideal position to meet the needs of U.S. financial advisors and their clients,” Global Head of Strategy Andrew Puschel said. “We are working with our partners at Victory Capital and Nasdaq to offer our expertise, educational resources, and unique capabilities to the U.S. investment community as we further our global expansion.”

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

Back to top
Copyright ⓒ TokenPost. All Rights Reserved.