There seems to be a growing trend with Wall Street sharks and celebrities jumping off the legacy money machine and joining the rapidly progressing technological sector of Digital Assets. It’s enough to just google some of the biggest investment firms of our time, like JP Morgan or Goldman Sachs in context of crypto and you will see results showing top level management leaving to start their own crypto related business or to join one. These firms are currently all starting their own blockchain related working groups or departments, but this doesn’t seem to give the same level of freedom to what an own crypto focused venture gives.

Now CNBC published an article, which explains how Goldman Sachs VP Chris Matta has left his new position earlier this year right after he acquired it 2 days prior so he could pursue a full time crypto career. Matta has been working at Goldman Sachs for 6 long years before the opportunity came that he can be the next VP of the well-known American multinational investment bank. What his bosses didn’t know was that he had a different path in mind, his former Bitcoin investments gained huge value during the end of 2017 and he wanted to start a new crypto venture with 2 of his former colleagues.

After the news went around of him leaving right after a milestone in his career was reached, which should be a dream with everyone starting at Goldman Sachs, he was summoned by his boss. According to the original article Matta recollected the event and stated:

“They called in the CEO of my organization, and he said, basically, ‘Are you crazy? Do you realize the risk you are taking here?”’ Matta said. “‘You are giving up on your bonus!'”

This didn’t bother him at all, neither did the early bonus promises. He left and founded Crescent Crypto Asset Management with the original team he had in mind. Since the establishment of the new firm they already hired five new employees for a research desk and have made good progress towards their goal of attracting $50 million in assets this year.