{"id":1152,"date":"2025-05-28T06:49:55","date_gmt":"2025-05-28T06:49:55","guid":{"rendered":"https:\/\/bitunikey.com\/news\/barack-obamas-ex-chief-of-staff-joins-crypto-firm-forteus-as-partner\/"},"modified":"2025-05-28T06:49:56","modified_gmt":"2025-05-28T06:49:56","slug":"barack-obamas-ex-chief-of-staff-joins-crypto-firm-forteus-as-partner","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/barack-obamas-ex-chief-of-staff-joins-crypto-firm-forteus-as-partner\/","title":{"rendered":"Barack Obama\u2019s ex-chief of staff joins crypto firm Forteus as partner"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bill Daley, who\u2019s navigated both Wall Street and the West Wing, is now betting on crypto, taking a key role at crypto manager Forteus as Washington warms to the sector.<\/p>\n<p>Bill Daley, the former White House chief of staff to Barack Obama and a veteran of Wall Street and Washington, is now diving into digital assets, joining crypto investment firm Numeus Group\u2019s Forteus management division, Bloomberg <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-27\/white-house-veteran-bill-daley-joins-digital-asset-firm-forteus\" target=\"_blank\">reports<\/a>.<\/p>\n<p>Daley, who was former President Barack Obama\u2019s chief of staff, and Secretary of Commerce under President Bill Clinton, will work within Forteus, the asset-management arm of Numeus Group, to woo big investors, jumping in as the industry gains steam under President Donald Trump\u2019s push to make the U.S. the world\u2019s crypto hub.<\/p>\n<p>Founded in 2021 by Two Sigma alum Nobel Gulati, Numeus manages more than $130 million in assets and has offices in Switzerland, New York, London, and Mauritius. In a statement shared with Bloomberg, Daley said it\u2019s now \u201ca time of renewed optimism and regulatory progress for the crypto industry in the U.S.\u201d<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The 76-year-old has spent decades bouncing between finance and government. In 2024, Daley retired as vice chairman of public affairs at Wells Fargo after similar roles at BNY Mellon and JPMorgan.<\/p>\n<p>In late 2024, Forteus <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/11\/27\/2987985\/0\/en\/OKX-and-Forteus-Enter-Tripartite-Agreement-with-Komainu-for-Enhanced-Institutional-Crypto-Trading-and-Custody.html\" target=\"_blank\">partnered<\/a> with crypto exchange OKX and custodian Komainu to address two persistent institutional hurdles in crypto markets: security concerns, and trading flexibility.<\/p>\n<p>The arrangement allows the asset manager to execute trades on OKX\u2019s platform around the clock while client assets remain securely held in Komainu\u2019s cold storage, resolving the industry\u2019s longstanding either-or proposition for institutional players.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bill Daley, who\u2019s navigated both Wall Street and the West Wing, is now betting on crypto, taking a key role at crypto manager Forteus as Washington warms to the sector.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1152"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1152\/revisions"}],"predecessor-version":[{"id":1154,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1152\/revisions\/1154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1153"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}