Market maker IMC Trading hires Alex Casimo as chief commercial officer for its crypto business

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Market maker IMC Trading hires Alex Casimo as chief commercial officer for its crypto business Casimo will be responsible for growing the Dutch market maker's institutional crypto offering. By Will Canny | Edited by Nikhilesh De Mar 19, 2026, 6:34 p.m. Make us preferred on Google IMC Trading hires Alex Casimo as chief commercial officer for its crypto business. (Unsplash, modified by CoinDesk) What to know : IMC Trading has hired Alex Casimo as chief commercial officer for its crypto business, according to a source. The move comes as IMC builds on its sizable crypto operations, trading around $3 billion daily across 50 exchanges, amid broader institutional expansion into digital assets. Dutch market maker IMC Trading has hired Alex Casimo as chief commercial officer of its cryptocurrency business, according to a person with direct knowledge of the matter. Casimo started in his new role this week and is based in London, the person said, who spoke on condition of anonymity as the matter is private. The hire reflects IMC's ambition to build deeper, more strategic relationships with institutional counterparties and foundations across the crypto ecosystem, with a view to become one of the leading client-facing firms in the industry, the person added. Both IMC and Casimo declined to comment. Previously, Casimo was founder and COO of crypto market maker Portofino Technologies. He also worked at Citadel Securities. Traditional finance firms are expanding into crypto as client demand, regulatory clarity, and market infrastructure improve, pushing banks, asset managers, and trading firms deeper into digital assets. What was once treated as a fringe market is increasingly viewed as another investable and serviceable asset class, with institutions building custody, trading, tokenization and ETF-related businesses to capture new revenue while avoiding being left behind in a market that is becoming more integrated with mainstream finance. The Amsterdam-based firm already has a significant presence in crypto . According to its website, the company trades $3 billion a day in average volume, supports hundreds of trading pairs, and has access to 50 major exchanges globally. The market maker uses its own capital, advanced algorithms and high-speed technology to buy and sell financial instruments across equities, options, exchange-traded funds (ETFs) and other asset classes. By continuously quoting prices and executing trades on exchanges worldwide, the firm provides liquidity to markets, helping ensure smooth trading, while generating profits from small price differences and efficient risk management. Read more: Blockfills co-founder and CEO Nicholas Hammer has stepped down Crypto News Institutional Adoption More For You As crypto trading platforms race to deploy AI agents, here's what a Nasdaq executive is seeing By Olivier Acuna | Edited by Stephen Alpher 2 hours ago The exchange is expanding AI use across surveillance, compliance and trading as machines take over decision-making, leaving humans as the final checkpoint. What to know : Nasdaq has rapidly expanded its use of AI agents over the past 18 months, deploying them in market surveillance, compliance and market microstructure analysis while keeping humans in final control. Pranav Ramesh expects crypto trading platforms to be early leaders in retail-facing AI agents for analysis, trade suggestions and execution support, even as systems stop short of full autonomy. Ramesh argues AI agents are already displacing lower-level roles, a trend echoed by recent AI-driven layoffs at firms including Crypto.com, Messari and Block, and one that also underpins his AI sales startup Leadpoet's growth. Read full story Latest Crypto News Bitcoin holds $69,000 as gold tumbles and oil spikes, but one analyst says stay on sidelines 1 hour ago Quadruple witching arrives tomorrow as markets brace for potential bitcoin volatility 1 hour ago As crypto trading platforms race to deploy AI agents, here's what a Nasdaq executive is seeing 2 hours ago OpenClaw developers targeted in GitHub phishing scam offering fake token airdrops 2 hours ago Crypto for Advisors: Bitcoin’s price discovery 3 hours ago ECB seeks experts to help integrate digital euro into ATMs, card payment terminals 3 hours ago Top Stories Bitcoin slips below $70,000 as oil surge, Fed pause weigh on risk assets 7 hours ago Major League Baseball signs prediction markets pacts with CFTC, Polymarket 4 hours ago Bitcoin $20,000 put option is third most popular strike ahead of quarterly expiry 4 hours ago Coinbase faces a multibillion-dollar threat from D.C. but a 'rewards' loophole could protect its stablecoin revenue 6 hours ago Crypto.com cuts 12% of staff as it integrates AI across the business for efficiency 6 hours ago Capital is shifting into digital dollars as bitcoin wilts 7 hours ago