Veteran-owned company provides financial expertise for the world’s largest publicly traded company in the crypto economy
MIAMI, FL & KEENE, NY / ACCESSWIRE / April 8, 2022 / Persistent Industries, LLC(“Wytrwal”), a leading international consulting firm and government contractor focused on finance and economics in global emerging markets, is pleased to announce that it has completed financial advisory work on digital and cryptocurrencies for Coinbase Global, Inc. – a leading financial services company building the crypto economy, offering customers a range of financial products and services in the digital and cryptocurrency environment.
“This has been a great opportunity for our company to support one of the leaders in the world of Decentralized Finance (DeFi) as it expands its infrastructure for institutional clients and grows its prime brokerage business,” commented Edmund L. Luzine, Jr. , former emerging markets investment banker and founder and CEO of Wytrwal.
“We live in an era of tremendous volatility and uncertainty, with rapidly rising inflation fueled by excessive government debt, weaker currency values, rising interest rates, high energy prices, a prolonged eight-year Russian invasion of Ukraine, a trade war with China, and a global pandemic,” he added he added.
Digital currencies and related assets, together with the FinTech service providers of infrastructure for the crypto economy, will be able to expand their services and thrive in these turbulent markets.
“This project was a unique opportunity to provide my expertise, acquired while founding a new institutional trading and prime brokerage start-up in emerging markets, to Dresdner Kleinwort Benson of Germany, formerly one of the world’s largest banks to deliver. As we can see from this week’s Popular Bitcoin 2022 Conference here in Miami, the cryptocurrency market is robust and growing rapidly,” continued Luzine.
Wytrwal is a natural fit for private trading firms and public sector entities that need expertise to leverage emerging financial technologies in the growing global digital marketplace, including: central bank digital currencies; Blockchain; digital wallets; NFTs; Bitcoin and other digital assets.
“We look forward to further opportunities in the digital asset space from a range of FinTech companies as the global market demands,” he concluded.
Prime brokerage is a term that refers to a range of financial services offered to alternative investment managers – family offices, private equity funds, venture capital funds, other hedge funds and similar large institutional investors. This allows them to complete large investment transactions worldwide in many different asset classes.
About Coinbase Global, Inc.
Coinbase Global, Inc. (COIN) is building the crypto economy – a fairer, more accessible, more efficient and more transparent financial system enabled by crypto. Coinbase started in 2012 with the radical idea that anyone, anywhere should be able to send and receive bitcoin easily and securely. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader crypto economy.
For more information on Coinbase, visit their website at https://www.coinbase.com/
About Wytrwal Industries, LLC:
Wytrwal Industries, LLC is a HUBzone-based small disabled veteran-owned company (“SDVOB”) that provides a range of professional advisory and advisory services focused on finance, economics and analytics with a particular focus on energy , natural resources, and commodities in the global emerging markets. It provides advanced economic and financial analysis and solutions to private and public sector clients – including the Department of Defense and other government agencies. The Wytrwal name has roots in America dating back to the late 1800’s with interests in banking, coal, oil, consumer goods, textiles and a range of other activities.
For more information on Wytrwal visit our website at http://www.wytrwalindustries.com/send an email to firstname.lastname@example.org call us at (305) 479-4157 or (518) 918-1149.
SOURCE: Persistent Industries, LLC
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