Itô co-founders join Jump Trading to lead a new compute trading desk.
DeFi & Yields ·
The co-founders of Itô have joined Jump Trading to lead a new compute trading desk, according to reporting on the move. Itô's leadership transition into Jump Trading's operations marks an expansion of the trading group's capabilities in computational finance, aligning with the firm's broader strategy across digital assets and quantitative markets.
Jump Crypto operates as the digital-assets division of Chicago-based Jump Trading Group, a proprietary trading firm founded in 1999. The group has maintained a significant presence in crypto infrastructure, venture investment, and market-making, though it has faced regulatory scrutiny tied to its involvement with Terraform Labs during the Terra/Luna collapse.
The specifics of the Itô co-founders' roles within the new desk and the timeline for their operational launch remain unclear from available reporting. No details have been disclosed about the desk's mandate, capital allocation, or expected infrastructure requirements.