Crypto Industry Sees Surge in Talent Acquisition as Companies Strengthen Expertise in Custody, Technology, and Regulatory Affairs.
Dfns, a Web3 wallet infrastructure and security firm, made significant additions to its team this week with the recruitment of two former executives from Gemini and Genesis.
The strategic hires include John Conneely, who previously held the position of head of institutional custody at Genesis, and Noah Cornwell, former vice president of engineering at Gemini. These new additions are expected to bolster Dfns’ expertise in business development, sales, technology, and product development.
John Conneely, now serving as the vice president of business development and sales at Dfns, brings a wealth of experience from his previous roles at Genesis and Bakkt.
Strengthening Leadership: John Conneely And Noah Cornwell Bring Expertise In Custody And Technology To Dfns
Having played a key role in Genesis’ institutional custody division, Conneely will utilize his custodial expertise to help Dfns forge new partnerships and develop innovative solutions. His appointment comes at a time when Dfns aims to expand its offerings and establish itself as a leading player in the Web3 wallet industry.
Noah Cornwell, the newly appointed chief technology officer at Dfns, served as Gemini’s vice president of engineering for over two years before joining the team.
With his extensive experience in technology and product development, Cornwell is expected to play a vital role in the company’s efforts to build wallet-as-a-service products for both B2B and B2B2C organizations. Dfns envisions leveraging Cornwell’s knowledge to enhance their existing infrastructure and deliver cutting-edge solutions to their customers.
Circle Reinforces Governance With Broderick And Tarbert, Blockchain Australia Appoints Callaghan For Blockchain Adoption.
In a parallel development, Circle, the issuer of the popular USDC stablecoin, announced the addition of Craig Broderick to its board of directors. Broderick brings an impressive 38-year tenure at Goldman Sachs, where he held various risk management positions.
His deep understanding of credit, market, liquidity, and operational risks positions him as a valuable asset for Circle as the company prioritizes a “regulatory-first business approach.” Circle’s CEO and co-founder, Jeremy Allaire, expressed confidence in Broderick’s ability to contribute to the company’s strategic vision.
In another notable hiring, Circle welcomed Heath Tarbert as its chief legal officer and head of corporate affairs. Tarbert’s appointment came shortly after the Securities and Exchange Commission (SEC) filed lawsuits against major cryptocurrency exchanges Binance and Coinbase.
As Circle navigates the complex regulatory landscape, Tarbert’s extensive legal background will help the company ensure compliance and foster a constructive relationship with regulators.
Meanwhile, in Australia, the industry collective Blockchain Australia appointed Simon Callaghan as its chief executive. Callaghan, who leads the Digital Assets Program at the University of Cambridge and has advised numerous blockchain initiatives and projects, will bring his expertise to advance the adoption and development of blockchain technology in the country.
His appointment highlights the growing recognition of blockchain’s potential in various sectors and reinforces Australia’s commitment to fostering innovation in this space.
Jayson Hobby Promoted To Chief Executive At Compound Labs, Signaling Growth And Innovation.
Lastly, within Compound Labs, Jayson Hobby, previously a vice president of product, has been promoted to the role of chief executive. Compound Labs, known for its decentralized finance (DeFi) protocol, recognized Hobby’s contributions and leadership skills, positioning him to drive the company’s future growth and product development initiatives.
The recent influx of talent into these prominent crypto companies underscores the industry’s rapid expansion and the increasing demand for professionals with specialized knowledge in areas such as custody, technology, legal, and regulatory affairs.
As the crypto ecosystem continues to evolve, these strategic hires are expected to play crucial roles in shaping the future of blockchain technology and its widespread adoption.