New Beginnings: Breanne Madigan Joins Blockchain.com
Blockchain.com, a key player in the cryptocurrency wallet space, has brought on board Breanne Madigan, a former Goldman Sachs stalwart, as its head of institutional sales and strategy. This is an exciting step for the crypto platform, as more traditional finance experts jump into the digital currency revolution. CNBC reported this transformative hire on April 17th.
Goldman Sachs to Crypto: A Journey of Transition
Madigan’s career at Goldman Sachs spanned 14 years, during which she climbed the ranks to become the head of institutional wealth services—managing an impressive $1.49 trillion in assets in 2017. This background gives her a unique perspective as she transitions into the more volatile world of cryptocurrencies, where the only certainty seems to be uncertainty.
Setting Expectations: Blockchain.com’s Growth
With 24 million active wallets, Blockchain.com is not just another startup but a seasoned player in the crypto sector. They recently rolled out a buy and sell feature for Bitcoin (BTC) across 22 states in the US, with Ethereum (ETH) and Bitcoin Cash (BCH) set to join the party soon. The company is clearly making waves, and Madigan’s experience could further amplify this growth.
Words from the Wise: CEO Peter Smith Reacts
Peter Smith, CEO of Blockchain.com, expressed his confidence in Madigan’s abilities, stating, “Breanne has a proven track record of adding value to her teams and her clients.” He believes her presence will be pivotal in scaling their institutional business, which is welcoming news for crypto investors and fans alike.
The Trend: Wall Street to the Crypto Sphere
This isn’t an isolated event; there’s a noticeable trend of Wall Street’s finest heading to crypto. Just a week ago, Richard Kim from Goldman Sachs was reported to be the new COO of a crypto merchant bank, echoing the sentiment that the marriage between traditional finance and cryptocurrencies is becoming more common.
The Giants Are Moving: Crypto-Fueled Investments
In addition to individual transitions, heavyweight investment firms are also jumping into the crypto fray. George Soros’s Fund Management is reportedly gearing up to trade cryptocurrencies, while the Rockefeller family’s venture capital arm is partnering with a crypto investment group to promote Blockchain and crypto innovation. Looks like the crypto wave is more than just a trend—it might just be the future!