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Kbit, a leading crypto hedge fund and high-frequency market maker, is looking to significantly expand its team. Currently, they have around 12 employees but are looking to fill 17 new positions across the US, London, Hong Kong, and Singapore. They’re hiring for roles in quant and algorithmic trading, DevOps, and trade operations engineering – all full-time, on-site positions. Despite describing itself as a “growing” team, Kbit seems poised to more than double its size. Leading the team is founder and CEO Ed Tolson, formerly director of trading technology at Citadel, and CTO/COO Marc Zeitouni, who previously headed global trading systems at Tower Research Capital and served as CTO at Galaxy. In January 2024, Tolson announced that Kbit had over $100 million in assets under management. Tolson’s journey with Kbit started in 2017 as a “side project” during his garden leave, which quickly turned into a thriving business as bitcoin’s price surged. In 2024, they continue to attract top talent. Recently, Thomas J., a former senior quant developer at Citadel Securities, joined as a principal research engineer. In February, Sean Slotterback, previously a PM and head of statistical arbitrage at Tower Research Capital, also joined the team. Their rapid growth and active recruitment highlight its determination to expand and become an important player in the crypto trading industry. #Crypto #HedgeFund #HFT #Hiring #Finance #Engineering #Trading #CareerGrowth