Crypto Hedge Funds 101 with Matt Stover, CEO of MGStover

Matt Stover is the CEO and founder of MGStover, a financial service company with over 130 crypto dedicated funds as clients. Matt began his professional career with a background in taxes and went on to develop a passion for finance and crypto. This passion buoys a firm that today services billions of dollars worth of combined client crypto investments. As crypto tracking and accounting have become increasingly difficult, MGStover has set out to make it simple and has even had regulators come to them for assistance in regulating crypto. Scott Melker and Matt Stover further discuss, the major pitfalls of crypto hedge funds, how nobody is keeping up with the pace of crypto, the natural progression of a successful trader, every trader's dream to open a hedge fund, poker players backed by hedge funds, trading your money vs. your client’s money, offshore vehicle investments, giving the government their piece of the pie, the similarities of crypto and marijuana, the disappearance of the physical dollar, a digital world and more. --- CHOICE IRA by KINGDOM TRUST Don’t be part of the 7.1M Bitcoiners who have bitcoin and a retirement account but don’t have bitcoin in their retirement account. With Choice IRA by Kingdom Trust you can hold bitcoin in your retirement account. The first 1,000 users to open a Choice IRA will receive $62.50 in free BTC - visit RetireWithChoice.com/WOLF to join the waitlist and secure free BTC. --- VOYAGER This episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 6% interest on top coins with no lockups and no limits. Download the Voyager app and use code “SCOTT25” to get $25 in free Bitcoin when you create your account --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io Learn more about your ad choices. Visit megaphone.fm/adchoices