Before launching PV01, Max co-founded B2C2, a pioneering market maker that propelled crypto markets into the future. B2C2 was established in 2015 and launched the first single dealer platform in the market, received the first MIFID trading firm license in Europe and executed the first ISDA agreement for crypto. Less widely known, B2C2 was on one side of the first institutional bitcoin loan, having borrowed 2,000 bitcoins in 2015 from a well-known Silicon Valley billionaire. This year, Max co-founded PV01 with the objective of creating on-chain debt securities to both replace the first generation of bilateral crypto loans and bring government bonds directly onto the blockchain. PV01 believes that the recent difficulties faced by stablecoins exposed to failed US banks show a great need for such a product. Prior to venturing in crypto, Max was an interest rates trader at Goldman Sachs in London.
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