507 Capital Co-Founder Launches New Entity for Crypto Brokerage and Advisory Work

07/10 10:40

Thomas Braziel, the co-founder and managing partner of 507 Capital, is launching a new venture called 117 Partners to expand their services beyond buying bankruptcy claims and into brokerage and advisory work in the cryptocurrency industry. 507 Capital has a history of buying bankruptcy claims, including those of Mt. Gox, and has worked on insolvencies and restructurings of companies like Cred Inc. and Quadriga. The new brand, 117 Partners, will offer a hybrid of advisory and investment services, according to Braziel.

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