BCP to acquire Numeus Group’s derivatives trading team
09 January 2025 UK
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Blockstream Capital Partners (BCP) has entered into an agreement to acquire a division within Numeus Group’s digital asset trading and investment business.
The transaction includes the absorption of select Bitcoin focused trading strategies with a focus on yield generation, as well as a 10 person derivatives trading team led by chief investment officer Deepak Gulati, a specialist in volatility and derivatives markets.
Komainu, an existing BCP investment, will provide the necessary corporate support, exchange connectivity, collateral management, and custodial services, the firm notes.
The acquisition aims to expand BCP’s Bitcoin trading and yield generation capabilities, says BCP.
By integrating specialised expertise in Bitcoin derivatives and volatility strategies, with an execution and real time risk analytics platform, BCP will capture alternative yield opportunities across both stable and highly volatile market environments.
Gulati comments: “The Blockstream Capital Partners team has the ambition, expertise, and platform to set the standard for how institutions access and manage their Bitcoin exposure, and I’m thrilled to help accelerate that build.”
PeterPaul Pardi, managing partner of Blockstream Capital Partners, says: “Core to the growth of our business is industry-leading talent, proprietary trading strategies, and adding to our best-in class risk management.
“Deepak brings a rare blend of institutional TradFi rigor and hands-on digital assets trading expertise.
“By acquiring Numeus’s trading business, we’re adding proven crypto-derivatives and volatility capabilities that institutions increasingly demand, while strengthening our platform offering.”
The transaction includes the absorption of select Bitcoin focused trading strategies with a focus on yield generation, as well as a 10 person derivatives trading team led by chief investment officer Deepak Gulati, a specialist in volatility and derivatives markets.
Komainu, an existing BCP investment, will provide the necessary corporate support, exchange connectivity, collateral management, and custodial services, the firm notes.
The acquisition aims to expand BCP’s Bitcoin trading and yield generation capabilities, says BCP.
By integrating specialised expertise in Bitcoin derivatives and volatility strategies, with an execution and real time risk analytics platform, BCP will capture alternative yield opportunities across both stable and highly volatile market environments.
Gulati comments: “The Blockstream Capital Partners team has the ambition, expertise, and platform to set the standard for how institutions access and manage their Bitcoin exposure, and I’m thrilled to help accelerate that build.”
PeterPaul Pardi, managing partner of Blockstream Capital Partners, says: “Core to the growth of our business is industry-leading talent, proprietary trading strategies, and adding to our best-in class risk management.
“Deepak brings a rare blend of institutional TradFi rigor and hands-on digital assets trading expertise.
“By acquiring Numeus’s trading business, we’re adding proven crypto-derivatives and volatility capabilities that institutions increasingly demand, while strengthening our platform offering.”
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