BlockTower Capital Hires Michael Bucella For Global Business Developmentbr>
Cryptocurrency investment firm BlockTower Capital has hired former Goldman Sachs executive Michael Bucella as its Global Head of Strategic Partnerships and Business Development.
BlockTower Capital is an institutional cryptocurrency investment firm that brings trading and portfolio management to the digital asset class. It was founded by former engineer and Goldman Sachs executive Matthew Goetz and Ari Paul, a former University of Chicago Endowment Portfolio Manager and Susquehanna International Group Trader and Portfolio Manager. Goetz currently serves as Chief Executive Officer, and Paul as Chief Investment Officer.
At Goldman Sachs, Bucella was most recently in the Securities Division, holding responsibility for the Multi-Asset Sales & Trading business in Canada and leading efforts to expand this strategy globally.
Previously, Bucella helped lead Goldman’s Institutional Global Equities business, and prior to that, was part of the firm’s Asset Management Division (GSAM) where he focused on investment strategies, capital markets, and institutional investors globally.
“We are thrilled to have Mike join our team at a pivotal time for the cryptocurrency market,” said Matthew Goetz. “As this global, important new industry becomes increasingly institutionalized, Mike’s invaluable experience at the intersection of markets, strategies, and investors will help BlockTower continue on its growth trajectory and continue to serve its clients and partners.”
“I am eager to leverage my experience to further the growth of BlockTower through global expansion of its strategic partnerships,” added Bucella. “We are in the early days of this new asset class, and I am thrilled to join a firm with a unique investment philosophy, institutional risk-managed approach to the market opportunity, and brand reputation across the entire crypto-ecosystem from early stage technologies and blockchain projects to listed coins and liquid trading.”