Former Valkyrie CEO Lands New Leadership Role at Canadian Investment Firm
President of Jump Crypto exits the firm as he mulls his next role. Firm’s hire comes as it looks to further expand its US crypto ETF lineup. Also, former legal head at Digital Currency Group joins law firm to expand blockchain capabilities. Financial giant State Street is looking for a head of digital assets solutions and seeks to fill other crypto-related roles. Polygon Labs executive Chair Sandeep Nailwal to focus more on zero-knowledge solutions as chief business officer. Bitcoin miner Bitfarms cuts ties with its chief executive; Vanguard’s incoming leader could spur the firm to re-evaluate its crypto stance, some say. Elsewhere, a recruiter weighs in on what crypto companies want, and the head of Circle Ventures departs.
Latest Updates in the Crypto Industry
A former mayor becomes the latest Coinbase policy adviser, and the special counsel of a crypto venture firm leaves. Anchorage and DCG fill out the C-suite, and Polygon reportedly cuts its COO. Additionally, a former Disney gaming lead goes Web3, and OKX executives depart. Martin Grant worked with the Fed for roughly 30 years before leaving his position in 2022.
Recent Developments in the Industry
Binance appoints new board members, and a highly-funded startup is hiring. One of the new independent board members will serve as chairman of the board, according to Binance’s website. Bitfarms is hiring a new CEO, and Tether is staffing an AI division. The AI job postings come after a $600 million AI infrastructure investment Tether made in the fall. Crypto stocks are up on legal hires, and Hivemind Capital gets a new principal. Anchorage Digital hires a former SEC lawyer, and a GSR researcher becomes an ETF strategist at BlackRock. Crypto.com has a new OTC trading head. Albert Meo, most recently the executive director of regulatory policy at Morgan Stanley, has been named chief financial officer of Prometheum. Readygg welcomes a former PlayStation Division executive as an advisor.
Recent Developments in the Web3 Sector
Plus, Pudgy Penguins grow their brand, and a group of Autoglyphs sell for $14.5 million. A former Fidelity International exec advises a layer-2, and Yuga Labs’ co-founder becomes CEO.
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