The Fintech Files

The Fintech Files: Small City hedgies used bitcoin to outpace Rokos and Howard

Plus Bank of England on stablecoin limits, and why Ethereum’s recent upgrade matters to ex-Citi, Jupiter execs

Who are the winners and losers from crypto's boom?
Who are the winners and losers from crypto's boom? Photo: Alamy Stock Photo

Chris Rokos and Alan Howard’s hedge funds faltered amid the recent banking crisis – but crypto’s resurgence gave smaller firms the chance to outperform them.

Nickel Digital Asset Management saw nearly two-thirds gains in one of its funds in the first quarter after bitcoin surged in the midst of Silicon Valley Bank and Credit Suisse’s downfall.

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