Blockchain Hires Former Goldman Vice President to Attract Institutions

- Advertisement -

Cyptocurrency wallet service Blockchain said Tuesday it hired a former Goldman Sachs executive to direct the firm’s investment strategy and heighten its institutional presence.

Breanne Madigan, formerly Goldman’s Head of Institutional Wealth Services — a unit with $1.49 trillion under management — will be Blockchain’s head of Institutional Sales and Strategy. Blockchain is likely targeting institutions as a source of stable, substantial investment, reports CoinDesk. In the statement, CEO and Co-Founder Peter Smith said the company plans to triple its headcount this year after seeing record growth last year. Read more here.

Previous Articles:

- Advertisement -

Latest

Uniswap (UNI) Rebounds Above $6 After Brief Uptrend Breakdown

Uniswap's UNI token dropped below its key uptrend line following a failed hold above the $6.00 support level.High trading volumes accompanied the decline, including...

Michael Saylor Invites Joe Rogan to Discuss Bitcoin on Podcast

Michael Saylor has shown interest in discussing Bitcoin on The Joe Rogan Experience podcast.The idea has generated excitement in the Bitcoin community, with some...

Congress Debates Stablecoin Bill Amid Rising Bank and Crypto Tensions

U.S. lawmakers are moving forward with the Senate Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, with debates set to resume after...

American Engineer Drugged, Robbed in Sophisticated London Crypto Heist

An American software engineer lost approximately $123,000 in cryptocurrency after being drugged and robbed in London.The victim was targeted by an impersonator posing as...

Max Keiser Doubts New Bitcoin Treasuries’ Discipline in Bear Market

Bitcoin-focused companies are increasingly copying the treasury strategy used by Michael Saylor's Strategy.Max Keiser raised doubts about whether these newer companies can maintain commitment...

Must Read

How to Check The Rarity of An NFT

Whenever you invest in an NFT collection, you might have noticed that some NFTs are more expensive than others. NFT collections are often made...