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

Crypto Gaming Tokens Plummet, Vanish from Top 100 as Market Struggles

Gaming tokens have disappeared from the top 100 cryptocurrency rankings by market cap despite having six representatives a year ago.Eve Frontier launched a 10-day...

Trump to impose new semiconductor tariffs on electronics within months

Commerce Secretary Howard Lutnick clarified that recent tariff exemptions for consumer electronics are only temporary.New semiconductor-focused tariffs are expected within "a month or two"...

AI Revolution: Emotional Agents Could Solve Web3 User Experience Crisis

AI agents with emotional capabilities could make Web3 tools more accessible by providing personalized guidance to new users.The steep learning curve of Web3 applications...

Algorand Revolutionizes Crypto World with Energy-Efficient Blockchain Tech

Algorand cryptocurrency uses a modified blockchain technology that significantly reduces energy consumption compared to traditional cryptocurrencies.The platform's "proof of stake" model offers an environmentally...

NFT Trader Faces Prison Time for $13M Crypto Tax Fraud

NFT trader Waylon Wilcox faces up to six years in prison after pleading guilty to underreporting $13 million in CryptoPunks trading profits.Wilcox filed false...

Must Read

13 Best Bitcoin Casinos & Crypto Casinos

Online betting has always been a popular and easy option to play from the comfort of your home or on the go, and with...