Fireblocks fills out its C-suite after layoffs

Elsewhere, Crypto.com has a new OTC trading head

article-image

Fireblocks CEO Michael Shaulov | Permissionless I by Blockworks

share

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.

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 Forward Guidance newsletter.

Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more.

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

Tags

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 18 - 20, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates (1).jpg

Research

With $13B in tokenized assets, strong institutional partnerships, and a clear first-mover advantage in the RWA space. The platform's methodical approach to regulatory compliance, coupled with its hybrid public-private architecture, positions it uniquely to capture significant market share in the emerging tokenization landscape. While current fee generation primarily stems from metadata transactions, the planned launch of Figure Markets, major exchange listings, and comprehensive market-making initiatives in 2025 could serve as powerful catalysts for growth.

article-image

Perena is built on the premise that as stablecoins proliferate, liquidity could fragment, and stablecoins aren’t useful if they aren’t liquid

article-image

From hackathons to trading tools and DAO governance, AI agents are redefining how we build and innovate

article-image

CME’s large bitcoin contracts are so big that investors are turning to micro bitcoin contracts

article-image

The third-largest stablecoin is going multichain for the first time in its seven-year history

article-image

Nano Labs’ news release notes confidence in bitcoin being “a reliable store of value amidst its rising global adoption”

article-image

Several big companies report third quarter earnings this week, likely moving markets