Blockchain.com Hires Goldman Sachs Executive to Head Institutional Sales

Blockchain.com Hires Goldman Sachs Executive to Head Institutional Sales

The online crypto wallets Blockchain.com has hired the former Goldman Sachs executive, Breanne Madigan, as reported by CNBC on April. The executive’s position will be Head Of Institutional Sales And Strategy.

Madigan was employed by Goldman Sachs from 2003- 2017 as Vice President and Head Of Institutional Wealth Services. The department managed 1.49 trillion worth of total assets in 2017 as reported by CNBC.

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The CEO of blockchain.com, Peter Smith, makes a statement regarding  Breanne’s proven track record…“As Blockchain continues to grow its institutional presence, I can think of no one better to help scale our business.”

There are currently 24 million active wallets on the Blockchain.com platform. A buy and sell feature for Bitcoin, Ethereum, and Bitcoin Cash was promised in 22 US states mid-January of this year.

 

There also seems to be a continually growing trend of former Wall Street talent as well as money moving into the crypto sphere. Richard Kim, a Goldman Sachs executive was hired as the new Chief Operating Officer of a crypto merchant bank. This bank is also run by former Wall Street executive Mike Novogratz.

Over a week ago the Rockefeller venture capital arm Venrock, as well as George Soros Fund Management has been reported to soon be trading in cryptocurrency. Rockefeller also formed a partnership with crypto investment groups to support blockchain and crypto technology.

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