Lawsky, who was previously New York State's superintendent of financial services, is listed as Stone Ridge’s head of Regulatory Affairs. He became known as the “Sheriff of Wall Street,” after issuing $6 billion in fines to financial institutions during his tenure starting in May 2011. In June 2015 Lawsky left his state post and the following month formally launched the Lawsky Group, to advise those navigating financial services regulation.
However, the connections remain strong. Stone Ridge co-founder Robert Gutmann is listed as the CEO of NYDIG Execution LLC in a 2018 statement from the New York Department of financial services, approving the firm’s application for a BitLicense and for its subsidiary NYDIG Trust Company LLC to operate as a limited purpose trust company. NYDIG’s site says it builds and manages custom funds and serves as a qualified custodian of bitcoin, ether, XRP, litecoin, and bitcoin cash.
News of the new bitcoin fund comes amid a number of recent developments showing increased comfort on behalf of the financial establishment with the alternative asset. Today the
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ErikVoorhees don’t know you know this guy?
Crypto They sold it and are going to buy XRP
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