Bobby Cho
Team at Digital Currency Group · Team at Paxos
Bobby Cho is President and Founding Partner at CMS Holdings. CMS is a principal investment firm focused on crypto assets. Previously, Bobby was chief operating officer of DRW’s crypto trading arm, Cumberland. Prior to DRW, Bobby was Director of Trading at Paxos Trust Company concentrating on building out crypto trading and custody products. Bobby started his career at SecondMarket working in illiquid asset-backed securities. At SecondMarket, Bobby helped build out their bitcoin trading arm, Genesis Global Trading, and asset management division, Digital Currency Group. Bobby is a graduate of Villanova University.
Current Roles
News Mentions
RT @paxoslabs: Start with anything. Land in USDG. Every market on @Arcus settles in USDG, and Paxos Labs Transit handles the movement in a…
市场现在低估CLARITY Act清晰法案，就像当初被低估的GENIUS Act天才法案一样。好在，立法后一年的今天，天才法案已经交出了一份答卷。我们可以顺势推演清晰法案通过后会带来什么。 --GENIUS Act一年后的实际变化。 GENIUS Act把稳定币从灰色地带拉入正规监管框架，直接催生了两大变化： 一是发行主体从“双寡头”变成多元生态。Tether推出合规的USAT补齐美国短板，Circle、Paxos、Ripple、BitGo等获OCC联邦特许；SoFi、Revolut推出白标稳定币，Visa、Mastercard、Stripe等140多家机构联合推出Open USD联盟，
吴说获悉，金融基础设施公司 Cordant 宣布完成 800 万美元种子轮融资，由 Motive Partners 和 Oak HC/FT 共同领投，Paxos、Bitso、Bankless VC、FJ Labs、SignalFire 等参投。Cordant 由前 Rapyd 高管团队创立，旨在为支付公司、银行及金融科技机构提供统一的运营监控平台，整合支付轨道、银行账户、账本、合规及风险系统数据。 Cordant 表示，随着稳定币、数字资产及 AI 驱动工作流的发展，金融基础设施日趋复杂，机构需要更强的实时可观测性与治理能力。 wublock123.com/news/cordant-r…
Today, we @paxoslabs officially launch Transit: the onchain orchestration platform for stablecoin movement. Every platform and protocol today is taking the step to onboard stablecoins for their users. Simultaneously, every platform is realizing the complexity that comes with becoming stablecoin-nat
Robinhood chain is live. We are currently tracking 4 vaults and $120M stablecoin vault TVL on Robinhood The chain was launched last week and came with a lot of positive animal spirits to the dried-up crypto industry. Currently, the TVL-weighted yield is 1.6% / year - quite low compared to other c
CoinMarketCap Pro API Adds 7,937 Tokenized Real-World Assets with Metadata, Issuers, and On-Chain Tokens
🐋 WHALE WATCH : PayPals $PYUSD is now natively live on @0xPolygon via Paxos. Huge upgrade for cross border business payments. Mass adoption isnt coming; its actively being built https://t.co/GkIdusOSHO
Paxos is gonna benefit a lot from growth of USDG as the default stable on Robinhood Chain
美国康涅狄格州联邦地区法院裁定恢复针对 Barry Silbert、Digital Currency Group 等被告的纽约州普通法欺诈诉求，并维持此前允许联邦证券法相关诉求继续推进审理的裁定。法院认定，原告依据《集体诉讼公平法案》恢复州法诉求的请求成立，且有关被告被指明知 Genesis Yield 项目的财务状况及风险管理情况仍向投资者作出误导性陈述的指控，已足以支持普通法欺诈诉求继续推进审理。同时，加州、佛罗里达州及纽约州消费者保护诉求被暂缓审理，伊利诺伊州、堪萨斯州、内华达州及得州相关消费者保护诉求被驳回。（The Block）wublock123.com/news/us-court
THE BLOCK: A federal judge ruled that investors can keep pursuing a fraud claim against Barry Silbert's Digital Currency Group over the Genesis Yield program. The case's main securities claims will also move ahead, though some other state-level claims were dismissed. https://t.co/X4EdsOWsfW