Crypto Hiring: Crypto exchange names new CEO; Tokenization-focused firm expands

Gracy Chen replaces Sandra Lou as Bitget’s chief executive after joining the company in 2022

May 26, 2024 10:00 am

Bitget and Adobe Stock modified by Blockworks

A crypto exchange named a new CEO and a tokenization-focused firm picked a leader for its new office in Canada.

Gracy Chen is set to replace Sandra Lou as Bitget’s chief executive, the company said Tuesday.

Chen had joined Bitget as a managing director in 2022 and was tasked with leading the company’s growth strategies.

The crypto exchange launched a crypto-backed credit card last year usable wherever Visa is accepted and is “developing more services to support this integration,” Chen noted in a letter.

Investing in the crypto ecosystem via the exchange’s Web3 Fund and EmpowerX Fund also remains “a key long-term focus,” she added.

Read more from our opinion section: Crypto custodians should learn from TradFi

Meanwhile, crypto infrastructure firm Taurus opened its first North America office in Vancouver, Canada.

Andrew Maledy — previously an engineering manager at Procore Technologies — is set to lead the office as the company links up with regional partners and clients of its custody and tokenization technology.

Taurus raised $65 million in a February funding round led by Credit Suisse. Deutsche Bank took part in that round too — linking up with Taurus in September to build out digital asset custody and tokenization services.

The company gained approval from the Swiss Financial Market Supervisory Authority (FINMA) in January to open its digital assets marketplace to retail clients.

Taurus now has eight offices on three continents, as it has also recently expanded to Zurich, London, Paris, Frankfurt and Dubai.

Other notable hires

The foundation behind the SKALE modular blockchain — designed for gas-less Ethereum scaling — named Andrew Saunders as its first chief marketing and growth officer.
Ronak Jethava is now head of ecosystem marketing at Startale Labs.

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Newsletter

Blockworks Daily

Upcoming Events

Permissionless III Hackathon

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

learn more

Permissionless III

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

learn more

recent research

Research

Polygon Protocol Governance Call (PPGC) #21

A significant portion of the call was dedicated to discussing the proposed ZK-PoS Phase 1, which aims to connect Polygon PoS to the AggLayer using a ZK proof of consensus, in addition to a pessimistic proof. This upgrade is intended to generalize how chains settle while protecting chain health and asset integrity. The implementation will involve deploying new contracts for the LxLy unified bridge for token mapping and migrating existing tokens from the PoS portal to the new deployment.

by Boccaccio