PANews reported on May 28 that according to Bloomberg, Bill Daley, former White House Chief of Staff of the Obama administration, has joined digital asset management company Forteus as a partner. Daley, 76, retired from his position as Vice Chairman of Public Affairs at Wells Fargo last year. He previously served as an executive at JPMorgan Chase and Bank of New York Mellon, and served as Secretary of Commerce in the Clinton administration.

Forteus is the asset management division of Numeus Group, with a management scale of over $130 million. Daley will help expand institutional client relationships, and his joining comes at a time when the Trump administration is pushing the United States to become the "global crypto capital." Numeus was founded by former Two Sigma executive Nobel Gulati and has offices in Switzerland, New York and other places.