Cryptocurrencies
Mike Novogratz Makes Goldman VP the COO of His Crypto Company
- Richard Kim will join the crypto merchant bank Galaxy Digital
- Investor Mike Novogratz builds out startup in volatile market
Mike Novogratz
Photographer: Jacob Kepler/Bloomberg
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Mike Novogratz’s cryptocurrency merchant bank hired Richard Kim from Goldman Sachs Group Inc. as chief operating officer, according to people with knowledge of the matter.
Kim, a London-based vice president at Goldman, will join Galaxy Digital in the coming weeks and likely move to New York, said one of the people, asking not to be identified because the information is private. Kim left Goldman Sachs in recent weeks after serving in an administrative-type role within the foreign-exchange business, another person said. He was among those working to set up a Goldman desk for trading cryptocurrencies.