The latest senior banking figure to move into cryptocurrency
In Brief:
The head of the bank’s fintech hub Varun Paul will join Fireblocks.
Fireblocks streamlines crypto operations by bringing together exchanges, OTCs, counterparties, hot wallets and custodians in one platform.
Fireblocks has more than $2trillion in assets transferred and raised $1bn in total, bringing its valuation to $8bn.
What does this mean?
A growing list of senior figures are moving from traditional finance to roles in crypto as it becomes increasingly mainstream. Paul joins execs from Revolut and Citi Group who have made the jump this year.
