Former Pimco and Milennium executives start a crypto advisory business
Former executives from two major investment firms, Pimco and Millennium, have teamed up to launch a digital asset consultancy, x2B. The firm aims to provide guidance on token launches, fundraising, and related matters.
According to a Bloomberg report on Nov. 11, former portfolio manager at Millennium Management, Benoit Bosc has partnered with former executive vice president of Pimco, Michael Bressler to start x2B, a cryptocurrency consultancy.
The startup offers services for crypto projects seeking to promote their tokens, open rounds of fundraising, and request guidance on treasury management and market-making arrangements. Despite launching this month, Bressler claims that the firm already has 10 clients.
As a…
