CoinFund hires former Citigroup exec as new president and managing partner

The digital asset investment firm CoinFund has hired Christopher Perkins, formerly an exec at Citigroup, to serve as its new president and managing partner, Bloomberg first reported.

Perkins previously worked as Citigroup’s global co-head of futures, clearing, and foreign exchange prime brokerage. In his new position, Perkins is expected to scale up CoinFund’s reputation as a digital and traditional asset financial firm, CoinFund CEO Jake Brukhman was quoted saying.

“Chris joining CoinFund is not only a major milestone for our firm, but is also indicative of a broader trend as Wall Street turns its attention to the opportunities within the blockchain-technology space,” Brukhman added.

CoinFund itself manages several crypto venture funds, announcing in July a new $83 million venture fund for DeFi and NFT projects.

CoinFund primarily invests in crypto infrastructure projects like The Graph and Blockdaemon, according to The Block Research. In addition to DeFi and NFTs, the firm has shown interest in crypto exchanges, investment, identity, rewards, and gaming projects.