Key Takeaways
- • Nikita Fadeev, head of crypto hedge fund Fasanara Digital, is actively recruiting top-tier quants and developers to scale operations, according to eFinancialCareers.
- • Fasanara Digital had $80m in assets under management as of the publication's July 2023 coverage of the firm.
- • Fadeev describes 2024 as "promising" and says the crypto market is entering "a full-fledged bull market" after the crypto winter.
- • Fadeev expects an influx of new entrants and existing players scaling up, and says his team is working long hours to manage volatility.
Summary
Nikita Fadeev, head of crypto hedge fund Fasanara Digital, is expanding his team by recruiting quantitative researchers and developers, according to eFinancialCareers. Fadeev, a mathematics graduate of the University of St. Andrews who is featured on the Forbes Under 30 list, said the firm aims "to scale our operations and extend our lead further." The article notes that when it last covered Fadeev in July 2023, Fasanara Digital had $80m in assets under management.
Fadeev characterized the outlook for 2024 as "promising," stating that the market is now "witnessing a full-fledged bull market, brimming with opportunities." He framed the hiring push as a response to the anticipated arrival of new entrants and existing players seeking to expand in the sector. The recruitment drive follows what the article describes as the end of the crypto winter.
The article draws on a recent Bloomberg report that crypto traders have been working until 3am as crypto assets regain popularity. Fadeev confirmed that his team is under similar pressure, saying, "The intensity is palpable," and that staff are often working into the night and over weekends to ensure smooth operations amid volatile conditions.
Fadeev characterized the outlook for 2024 as "promising," stating that the market is now "witnessing a full-fledged bull market, brimming with opportunities." He framed the hiring push as a response to the anticipated arrival of new entrants and existing players seeking to expand in the sector. The recruitment drive follows what the article describes as the end of the crypto winter.
The article draws on a recent Bloomberg report that crypto traders have been working until 3am as crypto assets regain popularity. Fadeev confirmed that his team is under similar pressure, saying, "The intensity is palpable," and that staff are often working into the night and over weekends to ensure smooth operations amid volatile conditions.
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