PANews reported on May 24 that according to Crowdfundinsider, investment bank Clear Street announced the expansion of its blockchain and digital assets division, appointing Nakul Mehta and Collin Finnerty as managing directors. Both have ten years of experience in financial technology and digital assets, previously working at MJC Partners and BTIG respectively. The department will provide four core services: 1) Digital asset corporate listing strategy and financing; 2) Cryptocurrency reserve management consulting; 3) Cross-border mergers and acquisitions transactions; 4) Strategic cooperation for traditional financial institutions entering the digital market. The company's CEO Ed Tilly stated that this expansion forms a synergy with its global brokerage business, providing real-time data and derivatives services to clients through cloud-native technology stack.
