On May 1st, news from Bloomberg reported that former Bridgewater Associates quantitative analyst Varun Kao has recently joined the San Francisco-based cryptocurrency asset management company Bitwise Asset Management Inc. as a quantitative developer in New York. According to his LinkedIn page, Bitwise also hired Charles McLellan from Bank of New York Mellon as an assistant portfolio manager, and Claudia Beranzoli, who previously worked at Amundi, as a legal advisor assistant. Overall, Bitwise has recently added 8 new positions in the U.S. and 2 new positions in Europe, bringing its total employee count to 105.