Key Takeaways
- • Fasanara Digital, a crypto hedge fund with $150m in AUM, is hiring "seasoned people," including quants and developers, according to its head Nikita Fadeev.
- • Fasanara Digital employs 15 people and plans to add five more soon; a recent recruit spent 15 years at trading firm G-Research.
- • Fadeev says the firm does not require prior crypto experience but values perspective on crypto's cycles, describing the current rally as the firm's third cycle.
- • Fadeev believes the industry is at an "inflection point" for mainstream adoption, echoing Galaxy Digital's Mike Novogratz, who predicted a "tsunami of institutional participation."
Summary
Nikita Fadeev, head of crypto hedge fund Fasanara Digital, is recruiting quantitative analysts and developers as crypto regains momentum following Donald Trump's re-election, according to eFinancialCareers. The firm manages $150m in AUM and currently employs 15 people, with plans to hire five more in the near term. Fadeev said he is seeking "the smartest people" and is not requiring prior crypto experience, although an understanding of the sector's volatile cycles would be advantageous.
Fadeev characterized the current rally, which he described as the Trump II crypto boom, as the firm's third cycle, and said volatility is higher than it has been recently, which he views as favorable for the firm's trading. Crypto markets operate around the clock, and Fadeev reported staying up until 5am on US election night before trading through the weekend. Recent hires include a professional who spent 15 years at trading firm G-Research, reflecting the firm's effort to add depth of experience.
The recruitment push follows broader optimism about institutional crypto participation after the election. Galaxy Digital chief executive Mike Novogratz has said there will be a "tsunami of institutional participation incoming." Speaking at a conference, Fadeev said he believes the industry has reached "an inflection point where we're finally ready to go mainstream and realize the full potential of what this industry aspires to become."
Fadeev characterized the current rally, which he described as the Trump II crypto boom, as the firm's third cycle, and said volatility is higher than it has been recently, which he views as favorable for the firm's trading. Crypto markets operate around the clock, and Fadeev reported staying up until 5am on US election night before trading through the weekend. Recent hires include a professional who spent 15 years at trading firm G-Research, reflecting the firm's effort to add depth of experience.
The recruitment push follows broader optimism about institutional crypto participation after the election. Galaxy Digital chief executive Mike Novogratz has said there will be a "tsunami of institutional participation incoming." Speaking at a conference, Fadeev said he believes the industry has reached "an inflection point where we're finally ready to go mainstream and realize the full potential of what this industry aspires to become."
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.