Goldman Sachs

Blockchain.com exchange has appointed former Goldman Sachs executive Justin Evans as its new chief financial officer. Key Takeaways:- Blockchain.com exchange appointed Justin Evans as CFO and Mike Wilcox as COO to support its expansion and IPO ambitions.- The company plans to increase its workforce by 50% amid rising Wall Street interest in crypto-related IPOs. Evans previously led crypto investment banking at Goldman Sachs, where he played a key role in major digital asset deals, including Coinbase’s direct listing in 2021. He most recently served as CFO of KiwiCo's subscription service and had prior experience at Barclays in fintech investment banking. The company has also named Mike Wilcox as chief operating officer. Wilcox, formerly the CFO of Velocity Global and a portfolio manager at Point72 Asset Management, joins the Blockchain.com exchange from consulting firm AlixPartners. The hiring spree aligns with Blockchain.com’s strategy to increase its workforce by 50%. According to Bloomberg, these moves highlight the company’s continued ambition to go public. The broader cryptocurrency industry is seeing renewed IPO interest, with firms such as Circle Internet Financial, Kraken, and BitGo exploring potential stock market debuts. Some of the largest banks on Wall Street intend to increase their cryptocurrency trading activities, speculating that President Donald Trump's support for the sector will lead to a surge in IPOs, stock sales, and convertible bond sales. Trump promised throughout his campaign to turn the US into "the crypto capital of the planet," and since assuming office, he has worked to change regulations that have hindered activity under President Joe Biden. That would facilitate a surge of IPOs that have been halted for years due to a government crackdown on businesses in the sector. The scrutiny has also hindered banks, with some being asked by regulators to submit more information and to stop or postpone planned or ongoing crypto activity. Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.

Goldman Sachs

Blockchain.com Exchange Strengthens Leadership with New CFO Amid IPO Ambitions

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