Latest in Crypto Hiring: Social Digital Asset Platform Nabs OK Group Exec

Latest in Crypto Hiring: Social Digital Asset Platform Nabs OK Group Exec

  • Tech investment firm Thoma Bravo adds crypto and Web3 investor
  • Blockchain.com revealed that it would lay off 25% of its workforce

Crypto platform Earnings added Steven Yee as its chief operating officer as it seeks to make crypto easier to understand, more accessible and more secure.

Yee comes from OK Group, the second largest crypto platform globally by trading volume, where he was chief customer and risk officer. He created the company’s global operations division and designed its global risk management program.

“Steven has an amazing track record of creating centers of customer service excellence while ensuring superior operational, compliance and risk strategies, which is critical in any industry and important in the crypto space,” Earnity CEO Dan Schatt said in a statement.

The appointment comes after Earnity added Dina Ellis Rochkind to its advisory board last week. She was a legal advisor to fintech, crypto and blockchain clients at the law firm Paul Hastings, and previously worked as Assistant Assistant Secretary for Consumer Affairs and Community Policy at the Treasury Department.

Etham Frenkel is set to join the growth platform of the technology investment company Thomas Bravowhere he will focus on investing in software and the crypto and Web3 ecosystem.

Frenkel was most recently a part-time venture investor at NFX with pre-seed and seed-stage crypto and Web3 investments. He was also previously a tech growth equity investor at General Atlantic and an investment banking analyst at Goldman Sachs.

“For the next phase of my career, I wanted to join a team with a deep understanding of technology investing, an amazing track record of supporting entrepreneurs, and an eye for the future,” Frenkel wrote in a LinkedIn post.

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Thoma Bravo reported having about $114 billion in assets under management as of March 31. The firm has partnered with a number of growth companies, including FTX, FalconX, Anchorage, Starburst and Service Titan, Frenkel noted.

Frenkel reunites with Christine Kang, who joined Thoma Bravo last November and leads the firm’s Web3, crypto and technology growth investments. Kang’s five-year tenure at General Atlantic overlapped with Frenkel’s tenure there.

Digital asset intelligence company Inca Digital employee Anita Nikolich as leading research advisor and named Brian Quintenz to the company’s advisory board.

The duo is seeking to help design and deploy Inca Digital’s data analytics and services to exchanges, financial institutions, regulators and government agencies, the company said in a statement Wednesday. They are set to focus on regulatory matters and national security implications of digital assets.

Nikolich is director of research and technology at the University of Illinois and serves on the National Science Foundation’s Cyber ​​Infrastructure Advisory Committee.

Quintenz is a former commissioner of the US Commodity Futures Trading Commission, where he oversaw the listing of the first US regulated bitcoin and ether futures contracts on derivatives exchanges. He joined venture capital firm a16z last September as an advisory partner.

LQwD Fintech Corp. appointed Aziz Pulatov as Chief Technology Officer, as Albert Szmigielski has stepped down from the role and is set to remain as a strategic advisor to the company.

Pulatov joined LQwD in February 2020 as a software architect, according to his LinkedIn profile, and was most recently vice president of engineering. Earlier in his career, he was a web developer at Blockchain Intelligence Group and head of research and development at Dominion Lending Centres.

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LQwD is focused on developing payment infrastructure and solutions that accelerate the global megatrend of Bitcoin adoption through the Lightning Network.

INX Digital Company added Demetra Kalogerou and Hilary Kramer to the board, as they will help the company build financial infrastructure and design new digital financial solutions.

Kalogerou was head of the Cyprus Securities and Exchange Commission for more than a decade. Kramer is a former investment banker at Morgan Stanley and Lehman Brothers, and has founded and managed long-short hedge funds.

“As we experience challenges in the economy and volatility from the crypto market, we are pioneering new approaches, new products and new regulatory pathways that will provide investors with the compatible tools and investments they require,” INX Chairman David Weild said in a statement.

Singapore based MetaVerse Green Exchange (MVGX) appointed Michael Sherena former senior adviser at the Bank of England, as president and chief strategy officer.

Founded in 2018, MVGX provides end-to-end carbon-as-a-service solutions and is supported by its licensed digital asset exchange platform and patent-pending metaverse technologies.

Sheren’s appointment follows MVGX’s partnership with OCBC Bank, revealed in April, to develop blockchain-based green finance solutions.

In case you missed it

As Blockworks reported earlier this week, Trust Machines, a startup building an ecosystem of bitcoin applications, added Dan Held as an advisor. Held is the founder of Zeroblock, which was later acquired by Blockchain.com.

Most recently, the director of growth marketing at crypto exchange Kraken, Held, is stepping down from that role, he revealed in a blog post on Thursday. He is set to remain with the company as a part-time brand ambassador.

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While some companies continue to add talent amid volatility, Blockchain.com is laying off 25% of its workforce to cut expenses amid tough market conditions, a company spokesperson confirmed Thursday.


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  • Ben Strack

    Ben Strack is a Denver-based reporter covering macro and crypto-based funds, financial advisors, structured products, and the integration of digital assets and decentralized finance (DeFi) into traditional finance. Before joining Blockworks, he covered the asset management industry for Fund Intelligence and was a reporter and editor for various local Long Island newspapers. He graduated from the University of Maryland with a degree in journalism. Contact Ben by email at [email protected]

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