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As the Crypto Winter Hits Its Peers, Chicago Trading Firm Jump Is Ready for More Bets

  • Industry reels amid job cuts, frozen withdrawals and bailouts
  • Chicago firm leans in despite setbacks from Wormhole, Terra
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Bitcoin Will Hit $100,000 in 12 Months, Says Nexo's Trenchev
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Twelve weeks and $1 trillion ago, Kanav Kariya had a question for thousands of people gathering in Spain to glorify cryptocurrencies: “Who the f**k is Jump?”

This was before crypto broke bad and then unraveled to worse. Before the spectacular collapse of Luna and TerraUSD, the digital currency that was supposedly safely pegged to the dollar. Before Bitcoin plunged into a vicious bear market and people began whispering about a “crypto winter.”