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The Fintech Files: Moelis bites on blockchain, UK crypto cops grow some teeth
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fnlondon.comKen Moelis, the billionaire former president of UBS, is no stranger to the turbulent world of crypto. He has a personal investment in Paxos, a blockchain firm, and last year likened the industry to the California gold rush of 1848.
Now, he has compared the digital asset sector to another formative moment in business — the birth of the internet, and has set up a department in his investment bank, Moelis & Co, to cash in on it.
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