Wall Street Comes To Crypto Street, Bringing Financial Technologies To Cryptocurrency Markets, Alexander Kravets

CCN It was late Spring 2016 that Alexander Kravets first stumbled over cryptocurrency. Driving around looking for a real estate deal, a news item flashed up on his phone. It said that Ether had jumped from $80 to $130 in a matter of weeks. Intrigued Kravets had no idea what Ether was and so he rang around his friends, his trading friends, he even rang Deutsche bank but no one knew there either. ‘It was a seminal moment,’ recounts Kravets. ‘I started trading cryptocurrency the following week but it was painful. I mean it took a whole week to even open up a trading account.’ Why is this important? Well, Kravets’ early career reads a bit like The Wolf of Wall Street. While at college he got a part time job as a day trader. He got up at 6am, travelling ninety minutes to Flushing Queens outside New York and worked from 9am until 4pm, at which point he went to college not finishing until 10pm at night. This went on for some seven months with little or no success. He was threatened with firing, which as a student, did not bother him overmuch, until he got the hang of it and […]

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