Odaily News Yoann Turpin, co-founder of crypto market maker Wintermute, said that some of the company’s employees have moved to traditional financial institutions, such as banks and hedge funds. Despite the brain drain, Turpin believes there have been benefits. He said these employees serve as supporters to speak for Wintermute in new areas and help traditional financial institutions better understand the cryptocurrency industry. Additionally, he mentioned that this is one of the “unforeseen effects” of large institutions entering the cryptocurrency space. (DL News)