Fireblocks fills out its C-suite after layoffs

Elsewhere, Crypto.com has a new OTC trading head

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Fireblocks CEO Michael Shaulov | Permissionless I by Blockworks

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Fireblocks has tapped Michal Ferguson as its chief marketing officer, just weeks after it appointed Michael Levine as chief financial officer and Maden Gadde as chief customer officer.

Ferguson previously worked at cybersecurity platform Sync, holding the title of head of global demand. Her new role as chief marketing officer at Fireblocks will leave her in charge of ensuring the adoption of counterparty-risk-free infrastructure across retail and institutions.

In a press release reviewed by Blockworks, Ferguson noted that it is a “pivotal time” to be joining the Fireblocks team. 

Read more: Fireblocks debuts latest tool to combat crypto counterparty risk

Ferguson said “the platform’s versatility and commitment to addressing the evolving needs of digital assets’ growing customer base ha[s] enabled it to make massive strides across payments, tokenization and on-chain development.”

These latest C-suite hires come shortly after Fireblocks had cut 3% of its workforce. It did that earlier this year in an attempt to restructure its go-to-market strategy and customer support operations.

Read more: Fireblocks reduces headcount by 3% in the name of efficiency

Crypto.com bolsters OTC desk with ex-Kraken trading lead

Crypto.com has appointed Ryan Fennelly as the head of OTC trading. 

Fennelly was previously a quantitative trader, with experience primarily in capital markets and interest rate trading. He most recently held a position leading the OTC EMEA desk at the centralized exchange Kraken.

At Kraken, Fennelly will be responsible for spearheading its OTC service and improving trading services for the exchange’s clients.

Other notable hiring news

  • A Morgan Stanely alum joined Prometheum as chief financial officer ahead of the company’s trading launch.
  • Richard Teng shared his thoughts on his first 100 days as Binance’s new CEO.
  • Ethereum layer-2, Optimism, hired Amanda Tyler as head of marketing.

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