Cryptocurrency Investment Firm Relocates Headquarters to Miami

The South Florida area continues to attract digital currency companies looking to capitalize on the region’s growth potential. The latest cryptocurrency company to call Miami home is BlockTower Capital, an investment firm focused on cryptocurrency and blockchain technology.

“BlockTower Capital’s new headquarters in the Brickell Financial District will be home to a diverse and talented group of employees involved in all facets of investment management, computer engineering, and data analytics, creating new opportunities for our local workforce and helping to accelerate the growth of our finance and technology ecosystems,” says Miami Downtown Development Authority Board Member and Pipeline Workspaces Co-Founder Philippe Houdard.

The firm recently announced plans to relocate all personnel and physical office space from New York City to Miami, with strategies to expand and hire talent in the local job market as part of its growth and investment approach. The relocation to Miami coincides with BlockTower’s recent acquisition of Gamma Point Capital, a San Francisco-based market-neutral crypto investment fund.

“Miami represents the intersection of important trends and values, not only for BlockTower as a company in our own business, but also for the world more broadly,” says Matthew Goetz, CEO of BlockTower. “It’s a special opportunity to base our firm in a place that so uniquely combines the best of the financial investment community and the tech innovation community and we look forward to helping catalyze that ecosystem here with our brand and relationships across both the public and private sectors going forward.”

Miami Mayor Francis Suarez has strived to turn the city into a market for cryptocurrency companies to thrive in. He has pushed the state to enact financial regulation for cryptocurrency while implementing a regulatory environment that caters to the new technology.

“Cryptocurrency and blockchain are here to stay,” Mayor Suarez says. “One in five Americans now hold a form of crypto, blockchain technology is now commonly being used for DeFi, NFTs and a host of other applications, and the traditional finance world is starting to invest in the space. BlockTower was a first mover, and as a preeminent institutional investment platform, they will continue to lead the way. We’re honored to have them call Miami home.”

You May Also Like

Juan Esterripa Appointed Head of Commercial Banking at Amerant Bank

Amerant Bank, a community bank headquartered in Coral Gables, named Juan Esterripa to serve as Senior Executive Vice President, Head of Commercial Banking. Esterripa will manage multiple business sectors, including commercial banking, commercial real estate, syndications, specialty finance, and treasury management. He will also promote business development across the bank and drive profitable growth. “We are pleased to

Amerant Bank Earns Lender of the Year Award From U.S. Small Business Administration

The Coral Gables-based financial institution is the largest community bank headquartered in Florida

SFBW Editor-in-Chief Discusses Banking Crisis Fallout With NPR

How will the Miami banking landscape be impacted by the failures of SVB and Signature Bank? Find out below

How Miami-Based Companies Weathered the Silicon Valley Bank Collapse Better Than the West Coast

Jeff Ransdell, managing director and founding partner of $700 million Miami-based VC firm Fuel Venture Capital, talks about Miami’s start-up landscape and the responsiveness of the federal government

Other Posts

Joe DiMaggio Children’s Hospital Receives $500,000 Donation for Animal-Assisted Therapy

Animal-assisted therapy has been shown to improve mood, reduce stress and anxiety, and provide comfort and companionship to patients, including children.

Upcoming Delray Beach Concours D’Elegance Benefits Local Charities

The event will feature over 100 vehicles of historical significance, all for the community’s enjoyment at no cost.

Transformative Healthcare Solutions and Florida Mental Health Coalition Host Inaugural “Back2Basics” Festival 

The event will help honor Mental Health Awareness Month in May.

Tom Aviv, Masterchef Israel Champion, Brings His American Venture to Miami

The Israeli sensation’s restaurant offers an innovative menu and retro vibe that transports guests to Tel Aviv in the 70s.