Two seasoned finance executives are making a comeback in the cryptocurrency sector as the industry rallies around the re-election of pro-crypto President Donald Trump. Benoit Bosc, a former portfolio manager at Millennium Management LLC, and Michael Bressler, who served as Executive Vice President at Pacific Investment Management Co. (Pimco), have co-founded x2B—a consulting firm dedicated to guiding digital-asset ventures.
The two left their traditional finance roles earlier this year—Bosc in October and Bressler in August—and have since teamed up, combining their deep experience to form x2B. According to Bloomberg, the consultancy is set to offer a wide range of services tailored for crypto projects, including fundraising, token launches, treasury management, and market-making strategies.
Tackling Market Gaps in Token Launches
With Bosc’s prior experience as U.S. general manager at GSR, a digital-asset market maker, and Bressler’s insights from his role as GSR’s global head of sales, x2B is uniquely positioned at the intersection of traditional and digital finance. Bressler emphasized the growing demand for a deeper understanding of the dynamics behind successful token launches—a process where many projects have faced challenges.
Recent token launches have been met with lukewarm market reactions, largely attributed to structural issues and overinflated initial pricing. Bosc, highlighting x2B’s commitment to transparency and accountability, outlined the firm’s mission to bring professionalism to the crypto space.
Launching with an Expansive Client Base
Set for an official launch in November, x2B has already secured ten clients, and the firm plans to charge a blend of fees, including future tokens and cash. This strategic reentry by Bosc and Bressler into the crypto arena coincides with a market upswing—Bitcoin recently crossed the $82,000 mark, boosted by optimistic sentiment surrounding Trump’s pro-crypto stance. As of the latest data, Bitcoin is trading at $81,331, marking a 3% gain over the past 24 hours.
Surge in Crypto Exchange Traffic
October saw an 8% increase in traffic to the top 20 cryptocurrency exchanges, reflecting renewed interest among retail investors. Leading the surge, Pump Fun experienced a 100% jump in visits, with BullX and Uniswap seeing 78% and 42% growth, respectively. Industry giants Binance, WhiteBit, and Coinbase led in overall traffic, with monthly visits of 54 million, 33 million, and 30 million.
This heightened activity coincided with a cryptocurrency market rally, underpinned by bullish indicators. Open interest in Bitcoin futures contracts on the Chicago Mercantile Exchange increased by $1.1 billion, while rising stablecoin inflows—totaling $9.3 billion on November 7—suggested growing market confidence.
As x2B prepares to make its mark in the digital asset space, the momentum and market optimism signal a promising future for crypto ventures, underscored by a supportive U.S. administration and strong investor sentiment.
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