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.

Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

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 (19).png

Research

Built on Solana, Loopscale is an orderbook-based lending protocol that pairs the efficiency of direct market matching with the flexibility and UX of modular protocols. We believe Loopscale can help scale NNAs in Solana DeFi and act as their foundational credit layer. Stablecoin deposits and select USD-pegged Loops on Loopscale are offering competitive yields, with an additional upside from farming the protocol and adjacent ecosystem projects (e.g., OnRe, Hylo) for potential future airdrops.

article-image

A recent mistrial illustrates how juries need more background information when it comes to judging complex systems like Ethereum

article-image

The Senate advanced a bipartisan funding package aimed at ending the shutdown, and bitcoin rose from its $100K bottom

article-image

The team is betting that a 20-minute hardware trust window beats a new alt-L1

article-image

To learn how to navigate the physical world, robots need visual data

article-image

Risks and illiquidity come to surface in the wake of a red October

article-image

Advice from Neal Stephenson, Kyle Broflovski, and Crypto Mom on building in crypto