Finance adviser GMG has started a new unit that will help clients deal with cryptocurrencies. The manager in charge of the business used to trade in gold.

Geneva Management Group (GMG) has launched a new division providing services for crypto-linked products. It has already begun supporting clients to invest in initial coin offerings, the company said in a statement.

GMG also offers legal and tax advice specifically for investments in cryptocurrencies. GMG hired Mathieu Saint-Cyr to lead the new unit. He joined this month, according to his LinkedIn profile. Previously, he worked as head of trading at MKS, a precious metals trader.

GMG will offer the crypto services globally and adjust the advice to the relevant local legislative framework. The company has opened an electronic wallet to receive pay-ins of cryptocurrencies.