NYDIG has appointed former Square Capital lead executive Jacqueline D. Reses to its board of directors, the company announced Tuesday.
According to the announcement, Reses’ new role will focus on the expansion of NYDIG’s Platform Solutions business, which will enable insurance companies, banks, and other fintech businesses to offer bitcoin-related services.
“I [also] know that Jackie shares our vision for Bitcoin powering freer and fairer access to the financial system for all, especially the most vulnerable and unprepared for continued fiat depreciation,” said founder and executive chairman of NYDIG Ross Stevens in a statement.
Before Square, Reses was the chief development officer at Yahoo! and head of the US media group at global private equity firm Apax Partners. Reses also worked in mergers and acquisitions at Goldman Sachs and currently serves as chair of the Federal Reserve Bank of San Francisco’s Economic Advisory Council.
“I’m thrilled to be joining NYDIG’s incredible team and distinguished Board of Directors at such an exciting and pivotal time for the firm, as well as for the wider Bitcoin industry,” said Reses. “As the market continues to mature and expand, I look forward to applying my experience to support NYDIG’s mission of safely unlocking the power of Bitcoin for all.”
Earlier this month, NYDIG acquired Digital Assets Data in one of 2021’s earliest crypto industry M&A deals.
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
News Source from TheBlockCrypto.com