TechFlow news, according to The Block, Joseph Naggar, a partner at GoldenTree Asset Management, is set to depart. He was a key figure in the firm's expansion into the crypto sector.
Insiders say that following his departure, the company is evaluating the future of its crypto business, including the possibility of operating it independently.
GoldenTree, a New York-based asset manager with over $51 billion in assets under management, first entered the crypto space in 2021. Naggar previously led the firm’s cryptocurrency investment efforts, and his exit brings uncertainty to this business line.
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