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Moelis Brushes Off Crypto Winter to Start Blockchain Group

  • Senior investment banker John Momtazee to lead Moelis effort
  • Longtime venture investor Lou Kerner to become senior adviser
Ken Moelis, founder and chief executive officer of Moelis & Co., gestures as he speaks during a panel session at the annual VTB Capital 'Russia Calling' Forum in Moscow, Russia, on Wednesday, Nov. 20, 2019. 

Ken Moelis, founder and chief executive officer of Moelis & Co., gestures as he speaks during a panel session at the annual VTB Capital 'Russia Calling' Forum in Moscow, Russia, on Wednesday, Nov. 20, 2019. 

Photographer: Andrey Rudakov/Bloomberg
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Moelis & Co., the investment bank founded by billionaire Ken Moelis, is starting a group to focus on global blockchain deals after a spate of transactions among crypto firms. 

John Momtazee, who co-founded Moelis and is the global head of media investment banking, is overseeing the effort. Longtime venture investor Lou Kerner is joining the firm as a senior adviser to the group, reuniting the two executives who worked together more than 20 years ago.