Home Banking & Finance REX Shares creates cryptocurrency-focused subsidiary

REX Shares creates cryptocurrency-focused subsidiary

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REX Shares LLC, a Westport-based sponsor of exchange-traded funds, has launched REX rex shares bitcoins cryptocurrencyCapital Management LLC, a wholly-owned subsidiary focused on developing investment management products and funds related to bitcoin, ethereum and other digital assets.

“We believe cryptocurrencies are a phenomenal innovation that will impact finance and investing for decades to come,” said REX Shares founder and CEO Greg King.

Anthony Pesco, formerly global head of equity derivatives at Credit Suisse, was hired as a senior adviser for the new venture.

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Phil Hall's writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release "Moby Dick: The Radio Play" and the upcoming "Jesus Christ Movie Star," both published by BearManor Media). He is also the host of the SoundCloud podcast "The Online Movie Show," co-host of the WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog, Profit Confidential, The MReport and StockNews.com. Outside of journalism, he is also a horror movie actor - usually playing the creepy villain who gets badly killed at the end of each film.

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