A report by CoinDesk has it that
Brazil-based crypto asset manager Hashdex has hired a pair of executives in an apparent pursuit of a U.S. expansion.
Hashdex hired former Morgan Stanley executive Matthew Flood, and startup veteran Jack Song.
Flood will lead business development of Hashdex’s U.S. operations, while Song will direct communications.
Both positions were created to key into pre-existing relationships with U.S. investing companies to create crypto products that appeal to more traditional investors.
In June, Hashdex partnered with U.S.-based asset manager Victory Capital to launch crypto investment products in the U.S. market.
Victory Hashdex Nasdaq Crypto Index Fund, the first product released, was a private fund aimed at accredited investors, Hashdex added.
In February, Hashdex also teamed up with the Nasdaq stock exchange to create the Nasdaq Crypto Index and launch the Hashdex Nasdaq Crypto Index ETF.
Hashdex has more than 250,000 investors that use its products globally.
