Copy link
Increase text size
Decrease text size
Link copied

PayPal, Google veteran Mike Blandina takes the helm at Bakkt as new CEO

Tue, 24 Dec 2019, 07:51 am UTC

Following the departure of Kelly Loeffler, Intercontinental Exchange (ICE) has announced the appointment of Mike Blandina as the new CEO of crypto trading platform Bakkt.

It can be recalled that founding CEO Loeffler was recently appointed to the United States Senate to fill the seat of retiring Sen. Johnny Isakson.

Blandina joined Bakkt in April this year as chief product officer and was responsible for leading the “efforts to converge a trusted ecosystem for digital assets with payments use cases.”

Prior to joining Bakkt, Blandina served as chief technology officer and led product & engineering at OneMarket. The payments industry veteran has also held leadership roles at Westfield, PayPal, Google, and the Blackhawk Network.

“As CEO, Mike will chart Bakkt’s strategic direction, payment products and markets, as well as overseeing the regulatory and financial performance of the company. His more than 25 years of experience in payments across product, engineering, strategy and operations will continue to serve us well,” said Jeffrey Sprecher, Founder, Chairman and CEO of ICE.

In addition, ICE announced that Adam White will now serve as the Bakkt President. White joined the company last year as Chief Operating Officer following his stint at cryptocurrency exchange Coinbase.

“In his new role as President, Adam will focus on digital asset markets, custody and trading, as well as Bakkt’s strategic direction. Adam’s breadth of experience in crypto markets, and his work as a founding executive at Bakkt, give him a unique perspective that will help shape our future successes,” Sprecher added.

The appointments of Blandina and White took effect on December 20, following the departure of Loeffler, according to a press release.

In August 2018, ICE announced a new company, Bakkt with the objective of creating an open and regulated, global ecosystem for digital assets. Earlier this year, Bakkt went live with its bitcoin futures and options market, which is supported by the Bakkt Warehouse, a regulated bitcoin custody offering which allows institutions around the world to safeguard their assets using Bakkt’s enterprise-grade technology and infrastructure.

More recently, it launched options and cash-settled futures products. In addition, Bakkt is planning to launch its first-ever consumer app with Starbucks in the first half of 2020.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $8,884.22 (+2.10%)
  • Ethereum (ETH) $169.30 (+3.32%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $368.68 (+12.83%)
  • Bitcoin SV (BSV) $284.35 (-10.46%)
  • Bitcoin (BTC) $8,884.22 (+2.10%)
Jan 17, 2020 (Friday)
13:42
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:42
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:50
Crypto dealer SFOX announces new service for investors and wealth managers
11:10
Binance in talks with TaoTao and Z Corporation for strategic partnerships in Japan
10:09
Crypto Technicals: NEO/USD set to scale new highs, 200-DMA breakout confirms bullish trend
10:08
Crypto exchange Gemini launches own insurance company "Nakamoto"
09:29
eToro, Radar and OKCoin join Coinbase-led Crypto Rating Council
08:55
Huobi joins Blockchain Turkey Platform (BCTR)
08:21
U.S. authorities urged to investigate crypto use in funding domestic terrorism and extremism
07:38
Calibra, Anchorage, Bison Trails executives elected to Libra’s new technical steering committee
07:01
Crypto Technicals: LTC/USD bounces off 5-DMA support, eyes next major hurdle at 200-DMA (65.43)
07:01
U.S. lawmakers seek tax exemption for crypto transactions under $200
06:19
Former CFTC Chair launches Digital Dollar Project in partnership with Accenture
05:56
Crypto Technicals: ETH/USD resumes upside after brief pause, eyes 23.6% Fib at 174.83
04:46
Uzbekistan to launch national mining pool and licensed cryptocurrency exchange
04:27
Crypto Technicals: BTC/USD extends sideways below 200-DMA, bias bullish
04:21
Garanti BBVA conducts real-time blockchain transfers using Takasbank's BiGA Platform
Jan 16, 2020 (Thursday)
13:51
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:51
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
12:21
Litecoin Foundation, BlockFi partner to bring more liquidity to users
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft