Ethereum
$238.50 -3.03%
ETH · 33w

Tagomi Co-Founder: Big Tech will Bring Institutionals to Crypto

A month after the United State’s Securities and Exchange Commission’s decision to deny Bitwise Asset Management’s application for a Bitcoin ETF, the industry is once again faced with the question of what needs to be built in order for institutional capital to move more seriously into the space.

However, there are a growing number of companies that are working to identify what’s missing from crypto and to build the platforms that the industry needs to flourish as an institutional investment class.

Discover iFX EXPO Asia 2020 in Macao – The Largest Financial B2B Expo

Recently, Finance Magnates spoke to Marc Bhargava, co-founder and President of New Jersey-based electronic agency prime brokerage Tagomi, a company that’s been working to create institutional-grade brokerage services within the cryptocurrency industry since January of 2018.

Since its inception, the company has expanded into several cities across the country and in the UK, and has formed partnerships with some major players within the space, including ICE’s Bakkt and Binance. Tagomi was also recently granted a BitLicense from the New York Department of Financial Services.

Marc spoke with us about the history of the young company, as well as plans for the future and predictions of what’s coming next for crypto.

The following is an excerpt. To hear the rest of Finance Magnates’ interview with Marc Bhargava, please visit us on Soundcloud or Youtube.

The making of Tagomi

Despite the fact that Tagomi is less than two years old, the company has already put down roots in several cities across the United States as well as overseas.

“We have 20 people, [and] we’re primarily in New York and New Jersey, but we have offices in Chicago,” where the company’s COO and Director of Engineering are based, as well as an office in San Francisco, where the company’s front-end and design team members are.

Tagomi also has “a few folks out in London as well,” whi...

Continue on financemagnates.com
Recent news