Just saw that IMC Trading brought on Alex Casimo as their new chief commercial officer for the crypto side of things. Interesting move considering how active market makers have been lately in building out their crypto operations.

IMC Trading has been pretty quiet on the crypto front compared to some other traditional finance players, so this hire of Alex Casimo suggests they're getting more serious about the space. CCO role usually means they're looking to expand partnerships and client relationships, which makes sense if they want to scale up their crypto market making.

Alex Casimo coming in as CCO is a pretty solid get if they're trying to build credibility in the crypto community. These kinds of hires are usually a signal that a firm is moving beyond just dipping their toes in and actually committing resources. Curious to see what kind of deals or partnerships Alex Casimo might bring to the table once he gets settled in.