• Term Sheet - Monday, October 15

    1 month ago - By Fortune

    SWITCHING SIDES Good morning, Term Sheet readers.
    My colleague Shawn Tully confirmed that Coinbase veteran Adam White is joining the newly-launched cryptocurrency venture Bakkt as its chief operating officer.
    White was part of the so-called "Coinbase Mafia" - he joined the startup as the fifth employee and helped build it up into a crypto-colossus with 25 million customers. For the last 18 months, White was the chief of its institutional products and regulatory arm.
    "In 2017, I saw a big shift," he told Fortune. "The interest in Bitcoin and other currencies started changing from retail to...
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  • A Coinbase Veteran Is Changing Sides in the Cryptocurrency Wars

    A Coinbase Veteran Is Changing Sides in the Cryptocurrency Wars

    1 month ago - By Fortune

    A prime architect of America's largest trading platform for digital currencies is changing teams. Adam White, who helped build Coinbase into a crypto-colossus with 25 million customers, is joining Bakkt, the venture launched in August by a consortium led by Intercontinental Exchange , parent of the New York Stock Exchange, as chief operating officer.
    Bakkt, with its deep ties to Wall Street's institutional investing titans, is pitching itself as the venture with an inside track at bringing Bitcoin mutual funds and ETFs to America's 401s.
    The announcement came on the morning of October 15...
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