Jump Trading Appoints Startup Founder to Lead Its Hash Rate Trading Department

According to Bloomberg, market maker Jump Trading has hired the founding team of a computing power trading startup. As the artificial intelligence boom drives growth in related markets, market makers are gradually entering this emerging asset class. In a post on X, Ito Markets stated that Jump Trading has brought in Affaan Mustafa and Alejandro Soumah Fernandez, founders of Ito Markets Inc., via an "acqui-hire" arrangement. Ito Markets is a proprietary trading startup focused on trading computin

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