Wall Street

PwC global digital assets chief leaves to launch ‘crypto asset manager’

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City AM

By Louis Goss The head of PwC’s crypto business has left his position at the Big Four accountancy firm to launch his own “crypto asset management firm” with a view to drawing institutional investors into cryptocurrencies. The new fund, Nine Blocks Capital Management, is set to use a $75m initial investment from Hong Kong fund Nine Masts, to open new offices in Dubai, with the newly-launched firm having already set up physical offices in the Cayman Islands. The plans come as Dubai is increasingly seeking to position itself as the world’s leading crypto hub via its business-friendly approach to …

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