StoneX Expands Crypto-Trading Team With Former Cowen Staff (1)

Feb. 13, 2024, 7:43 PM UTC

StoneX Group Inc. is expanding its digital-assets team and building out services in crypto trading, lending and research in a sign of renewed Wall Street interest in crypto markets.

The broker-dealer hired five staffers from Cowen Digital after Toronto-Dominion Bank shut down Cowen Inc.’s digital-asset unit following its acquisition of the boutique investment bank last year. Eric Rose, former managing director at Cowen Digital, joined StoneX in October as head of digital-asset execution. Four other employees from Cowen Digital — Keith Coyne, David Kroger, Kyrill Firshein and Nolan Aibel — are now also working at the New York-based ...

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