ARK36 appoints new COO as it rejigs its leadership team

Karthik Subramanian

ARK36, one of the largest hedge funds focusing on digital assets, has announced the appointment of Anto Paroian as its new COO as it tries to adjust its team to meet the growing demand for digital assets.

Anto has more than a decade’s worth of experience in the traditional financial markets and he would be expected to bring in this experience as well as some features of the traditional markets and apply them to the crypto and digital asset management markets as he deems fit. In specific, data analytics has been dominating the trading markets over the last few years while the room for growth of this within the digital asset space is still very large. The previous experience of the new COO with a variety of major asset management companies like Blackrock, Goldman Sachs, and JP Morgan would be helpful for the company to tap on and see how the best of both traditional and digital asset management worlds can be combined to yield good results.

ARK36’s co-founder Ulrik Lykke commented: “The addition of Anto Paroian as part of the team has allowed me to free up substantial time to focus more on expanding the offerings of the company while knowing ongoing operations will be in good hands.”

Anto would be helming the operations of the company along with the co-founder Mikkel Morch and The executive director Loukas Lagoudis. The other co-founder Ulrik Lykke would now focus on how to expand the business of the company within the digital asset space and what other facets of the same can be explored by the company in the future. The company says that these changes have been effected in response to the huge demand for crypto-assets and asset management since the beginning of the year.

ARK36’s Chief Operating Officer Anto Paroian commented: “I’m excited to be joining the incredibly capable team at ARK36 and bring my managerial skills to use in a company that works at the forefront of what is happening in the financial sphere.”

The company would hope that this set of changes would help it to continue its strong growth. It may be noted that the company had added Loukas in July to expand its offerings as it bolstered its investment team in Cyprus.

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