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quants

Ex-Citadel quants raise $17M for Fin, a global stablecoin payments app

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Ex-Citadel employees raised $17M for Fin, a stablecoin-based app offering instant, large-value cross-border transfers, positioning it as a user-friendly challenger to big banks. Summary Ex-Citadel employees Ian Krotinsky and Aashiq Dheeraj secured $17 million led by Pantera, with Sequoia and Samsung Next backing Fin.​ Fin uses stablecoin rails for near-instant, lower-fee transfers between users, bank … Read more

Man Group orders quants back to office five days a week

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Man Group, the world’s largest listed hedge fund manager, has ordered its London-based quants to temporarily return to the office five days a week amid a period of poor performance.  Man AHL, the firm’s flagship … Read more

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