Crypto Due Diligence Startup Vying To Bring Transparency to ‘Opaque’ Industry
— Due Diligence — 1 min read
London-based perfORM is one of a handful of companies building out its business through a deep-rooted market downturn. Firm has carried out more than 30 reviews of asset managers to date at the behest of institutional investors, with more in the pipeline. The startup is a contrary brightspot in an industry beleaguered by layoffs, compensation cuts and rescinded job offers as executives jockey to buffer their balance sheets in the wake of the implosion of the stablecoin UST and the shockwaves that crypto lender Celsius’ demise has sent spiraling through trading desks this month. The firm is also closing on a review for a top-tier European sports league, as well as tapping an outside firm to do “hardcore deep dives” on potential hires Source