Hashdex, a crypto asset manager based in Brazil, announced on Tuesday the appointment of Laurent Kssis as its new managing director and head of Europe to drive its growth in the region.
Kssis’ most recent position was as managing director and worldwide head of exchange-traded products (ETPs) at Swiss firm 21Shares. According to a March 29 release, Kssis listed more than 25 crypto ETPs there, contributing to the firm’s assets under management increasing from $20 million to $1.75 billion.
Hashdex, best known for its crypto-based exchange-traded funds (ETFs), is actively looking for new staff in Lisbon, London, Paris, and Zurich. The firm has offices in Rio de Janeiro and California and now manages more than $1 billion in customer funds. Hashdex has over 250,000 investors and recently hired two senior executives in the United States to help with its expanding activities there.
Since the debut of the Hashdex Nasdaq Crypto Index ETF (HASH11) in February 2021, Hashdex has been expanding its line of crypto-based financial products. The company recently launched a DeFi ETF (DEFI11) on Brazil’s B3 stock exchange and intends to launch a Web3 ETF (WEB311) on March 30. On the Brazilian stock exchange, it also sells Bitcoin and Ethereum ETFs (BITH11 and ETHE11).