Crypto hiring: Firms add TradFi veterans to executive ranks

Financial giant State Street is looking for a head of digital assets solutions and seeks to fill other crypto-related roles

article-image

Gorodenkoff/Shutterstock modified by Blockworks

share

A digital asset market maker and a crypto liquidity provider have added TradFi veterans to their executive ranks.

Belgium-based Keyrock named Robert Valdes-Rodriguez its chief commercial officer and Francesco Adiliberti as chief operating officer. 

The TradFi veterans have decades of combined experience at some of the largest financial institutions. Prior to working as Abra’s global head of sales, Valdes-Rodriguez held foreign exchange sales roles at Crédit Agricole and Scotiabank. Before his time at Amber Group Adiliberti held director positions at Lehman Brothers, Goldman Sachs and HSBC.

Keyrock CEO Kevin de Patoul said in a statement that the appointments come as the company seeks to focus more on bridging the gap between crypto and TradFi. 

“Their extensive experience across both domains will be instrumental in developing innovative solutions that empower institutions to seamlessly integrate and thrive in the rapidly evolving token economy,” he added.

A former Goldman Sachs pro has joined crypto liquidity provider B2C2 — joining the company’s sales team focused on Europe, the Middle East and Africa. 

Nickolay Karpenko, who spent roughly seven years at Goldman Sachs, was most recently an executive director on the firm’s digital assets team.

“With 15 years in investment banking, Nikolay brings deep expertise in structured products and strategic trading,” B2C2 said in a LinkedIn post. “His arrival highlights our commitment to client experience and expanding our presence.”

The EMEA hire comes after B2C2 acquired Paris-based market maker Woorton last year, allowing the company to facilitate crypto trading across the EU.

As some crypto firms bring in execs with TradFi backgrounds, the opposite is true too.

Though by no means a stranger to crypto, State Street is better known as one of the world’s largest custodian banks and asset managers. The company is looking to build out its digital assets-focused unit, job postings indicate. 

The expected hires were first reported by The Information.

“We remain focused on developing and growing our digital capabilities, and continuously evaluate staffing and capacity needs across our digital business to focus on key projects — including tokenization — to ensure we have the best model in place to deliver on behalf of our clients and that we are continually driving forward innovation,” State Street Digital lead Donna Milrod told Blockworks in an email.

Read more: State Street Sees ‘Significant Opportunity’ in Tokenization

State Street is seeking, for example, a head of digital assets solutions that would be “a strategic and creative thought leader with a deep understanding of digital asset technology and extensive institutional experience,” one job listing notes.

The ideal candidate will have a track record developing and implementing products and services related to blockchain tech, smart contracts, tokenization, wallet technologies and cryptocurrencies, it adds.  

Other postings indicate State Street is also looking for three product managers to help lead digital services in the EMEA region, as well as a business risk and digital asset controls executive.


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

Upcoming Events

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 […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Permissionless is a conference for founders, application developers, and users. Come meet the next generation of people building and using crypto.

recent research

Research Report Templates (1).png

Research

Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.

article-image

Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election

article-image

Plus, a look into Lighting Labs’ newest feature

article-image

Crypto’s Wild West era is over — it’s time to embrace regulation to secure the future of digital assets

article-image

Plus, Solana has now surpassed Ethereum in trailing 30-day decentralized exchange volume

article-image

Polymarket betters say Kamala Harris has better odds than Biden of winning against Trump