www.efinancialcareers.com
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2600:9000:2156:1400:19:b8d1:c000:93a1
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https://www.efinancialcareers.com/news/2022/06/cloudwall-capital?utm_campaign=CL_GLOBAL_CLIENT_NEWSLETTER&utm_source=AMS_US_ENG&ut...
Submission: On June 08 via api from CH — Scanned from DE
Submission: On June 08 via api from CH — Scanned from DE
Form analysis
3 forms found in the DOMPOST https://email-verification.efinancialcareers.com/v1/newsletters/subscription
<form action="https://email-verification.efinancialcareers.com/v1/newsletters/subscription" method="POST" id="newsletter-signup-form" data-dl-pagetype="article" data-dl-contentid="">
<div class="newsletter-signup">
<h3 class="font-display newletter-headline">Newsletter sign up</h3>
<p class="font-headline newsletter-content">Get the latest career advice and insight from eFinancialCareers straight to your inbox</p>
<div class="input-group newsletter-email">
<input name="email_address" type="email" required="" id="email" class="form-control" placeholder="Your email address" aria-label="Your email address">
<input type="hidden" name="locale" value="us_US">
<span class="input-group-btn">
<button class="btn btn-efc-secondary newsletter-subscribe-btn" type="submit" formnovalidate="">Sign up</button>
</span>
</div>
<div id="error-validation" class="newsletter-error alert alert-danger hidden" role="alert">
<span class="fa fa-exclamation-triangle" aria-hidden="true"></span>
<span class="sr-only">Error:</span>
<span>Enter a valid email address</span>
</div>
<div id="error-submit" class="newsletter-error alert alert-danger hidden" role="alert">
<span class="fa fa-exclamation-triangle" aria-hidden="true"></span>
<span class="sr-only">Error:</span>
<span>There was an error with your request. Please try again.</span>
</div>
</div>
</form>
GET //www.efinancialcareers.com/search
<form action="//www.efinancialcareers.com/search" method="get" class="form-efc mb-3" id="job-search-form">
<h2 class="section-header">
<span>Search jobs</span>
</h2>
<div class="form-group">
<input type="search" name="keywords" class="form-control" id="job-search-form-keywords" placeholder="Job title or keywords" aria-label="Job title or keywords" data-lookup="/suggest?culture=en&limit=6&types=keyword&q=" data-api-key=""
data-multiple="">
</div>
<div class="form-group">
<input type="hidden" name="locationsId[0]" value="0" id="job-search-form-location-id">
<div class="awesomplete"><input type="search" name="locationsName[0]" class="form-control" id="job-search-form-location-name" placeholder="Location" aria-label="Location" data-lookup="//www.efinancialcareers.com/locations/suggest"
autocomplete="off" aria-autocomplete="list">
<ul hidden=""></ul><span class="visually-hidden" role="status" aria-live="assertive" aria-relevant="additions"></span>
</div>
</div>
<button type="submit" class="btn btn-block btn-efc-primary">
<span class="fa fa-search"></span> Search jobs </button>
</form>
GET /news
<form id="news-article-search-form" action="/news" method="get" class="form-group row mb-3">
<div class="col-12 col-md-8 mb-2 pr-md-1">
<input id="newsarticle-search-text" type="text" class="form-control" aria-label="Keywords or phrase" placeholder="Keywords or phrase">
</div>
<div class="col-12 col-md-4 mb-2 pl-md-0">
<button type="submit" class="btn btn-ghost-efc-secondary w-100">Search</button>
</div>
</form>
Text Content
Your privacy is important to us! We and our partners use cookies, IP address or browser information to personalize your experience and show more relevant advertising for you, and to track how our website is serving you. To learn more, please review our Privacy Policy. Because we value your privacy, we ask for your permission to use this info in capacities such as: Functional, Store and/or access information on a device, Precise geolocation data, and identification through device scanning, Personalised content, content measurement, audience insights, and product development, Personalised ads, and ad measurement. Accept allSettingsSave + Exit Select Region Europe, Middle East, Africa * Belgium * Denmark * Finland * France * Germany * Ireland * Italy * Luxembourg * Middle East * Netherlands * Norway * Russia * South Africa * Sweden * Switzerland * United Kingdom Americas * Canada * United States Asia-Pacific * Australia * China * Hong Kong SAR * Japan * Malaysia * Singapore Sign In Sign In Don't have an account? Register Now! Register Search Jobs Search Jobs News & Advice News & Advice Companies Companies Recruiters Recruiters Search Jobs Search Jobs News & Advice News & Advice Companies Companies Sign In Sign In Don't have an account? Register Now! Register Recruiters Recruiters EX-MORGAN STANLEY MD'S CRYPTO MILLIONS SHOW IT'S NOT OVER by Sarah Butcher 7 days ago AddThis Sharing Buttons Share to WhatsAppWhatsAppShare to LinkedInLinkedInShare to RedditRedditShare to FacebookFacebookShare to SlackSlackShare to MessengerMessengerShare to TwitterTwitterShare to MoreAddThis10 Kyle Downey has had a busy year. After 17 years at Morgan Stanley, where he was latterly in the automated risk trading department, he quit last October to found Cloudwall Capital, a digital assets/crypto risk management platform for institutional clients. He's since made a raft of ex-banking hires and has just raised $6.3m in seed funding to develop the platform. "We are plowing the full amount into R&D headcount, quants and developers," says Downey. Many of those hires have been made already, however. By the end of August, Cloudwall will have 15 employees, including Singapore-based CTO Makas Tzvaellas (ex-OCBC and Morgan Stanley) and its most recent addition, Kevin Givens, a former quant researcher from Bank of America. "The majority of the hiring we did was people coming out of traditional finance firms," says Downey. "We're building an institutional product to support investment in Web 3. What we care about is knowledge of quant finance and risk systems, and you get that in traditional finance." Following Tether's collapse and the 29% drop in Bitcoin vs. the US$ since March, it might be presumed that Downey's former banking colleagues are less interested in moving into the crypto space than before, but he says this isn't so. Senior people who want to move into crypto still come to him, and tradfi people regularly enquire about making a move. If interest in working in the space has cooled off, Downey says it's too early to tell. He sides with Julius Baer CEO Philipp Rickenbacher, who said last week that the latest crypto crash could transform the sector in much the same way as the bursting of the dot com bubble transformed the technology sector 20 years ago. "The wreckage of the dotcom boom fed Web 2 - a lot of people scooped up cheap equipment that enabled the next phase." The current "crypto winter" is different to its predecessor in 2018, Downey adds: "Then everyone was like, 'Is it really going to come back?' This time, they're saying that it definitely will." Downey says the longevity of the crypto sector is illustrated by last week's announcement that VC firm Andreessen Horowitz is launching a $4.5bn crypto fund. Today, Fidelity said it plans to add 110 technology workers (including engineers and developers with blockchain expertise) by the end of the year as it branches out beyond beyond bitcoin. "The market will mature, you will see growing institutional adoption and eventually I really do believe that crypto will take over big chunks of traditional finance," predicts Downey. This enthusiasm helps explain why ex-bank professionals have been joining Cloudwall. It probably helps too that the firm offers an employee stock option plan that could become quite lucrative as it grows. Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher) Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.) Follow @MadameButcher RELATED ARTICLES * WHAT IT'S REALLY LIKE TO WORK IN CRYPTO MARKET MAKING Please enable JavaScript to view the comments powered by Disqus. × NEWSLETTER SIGN UP Get the latest career advice and insight from eFinancialCareers straight to your inbox Sign up Error: Enter a valid email address Error: There was an error with your request. Please try again. YOU'RE NEARLY THERE... Please click the verification link in your email to activate your newsletter subscription Click here to manage your subscriptions RECENT NEWS * The best fintech jobs are at Goldman Sachs and JPMorgan * Big Four pay rises: £1k at EY, £2-4k at KPMG * The most dangerous jobs at Credit Suisse RECENT JOBS * Equity Research Associate, US Pharmaceuticals Companies, Global Bank, New York * Technical Product Manager * Financial Advisor Popular job sectors POPULAR JOB SECTORS * Accounting & Finance (2920) * Asset Management (2615) * Compliance/Legal (1000) * Credit (329) * FX & Money Markets (245) * Investment banking/M&A (1735) * Operations (2076) * Private Equity & Venture Capital (561) * Risk Management (1534) * Sales & Marketing (835) * Technology (5057) * Trading (421) Loading... 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