Copy link
Increase text size
Decrease text size
Link copied

Blythe Masters steps down as CEO of blockchain startup Digital Asset

Blythe Masters, painted portrait Credit Default Swap DDC_1655(Thierry Erhmann_Flikr)

Thu, 20 Dec 2018, 03:34 am UTC

Blockchain startup Digital Asset has announced that Blythe Masters, who was serving as the CEO since 2015, is now stepping down from her role.

Founded in 2014, Digital Asset is a New York-based software company that develops distributed ledger technology solutions for the financial services industry. It has raised over $100 million in funding till date and is backed by a number of banking giants, tech companies, VC firms and others including Accenture, JPMorgan, Goldman Sachs, IBM, and Santander InnoVentures, among others.

Masters, a financial industry veteran, previously worked at JPMorgan for 27 years, where she took the helm as Managing Director at the age of 28. She is widely regarded as the pioneer of credit derivatives.

She quit JPMorgan in 2014 and joined Digital Asset in 2015. Underscoring the potential of blockchain technology, Masters said at the time (as quoted by Bloomberg):

“You should be taking this technology as seriously as you should have been taking the development of the Internet in the early 1990s.”

According to the official release, Masters has requested to step down as CEO citing personal reasons.

“Digital Asset has evolved from an ambitious idea to a truly global software engineering firm,” Masters said.

“We are fortunate to have a deep bench of accomplished executives on the management team and Board, including AG, who have the requisite experience to take the company to the next level. Having come to know and trust AG as an advisor and Board member, I am convinced that he brings what’s needed to guide the company through its next phase.”

Masters, however, will remain involved in the company as a board member, strategic advisor and shareholder.

AG Gangadhar, who joined Digital Asset’s Board of Directors in April, has been appointed the Board Chairman and will serve as the acting CEO until a permanent CEO is named.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Moses
  • 2020.07.21 09:39:40
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door inbox me for more info....contact me on whatsapp :+12067425358 happy new year to you all .......................................
...............................................................................................................................
  • 0
  • ·
  • 0
More
  • Bitcoin (BTC) $12,931.30 (-1.19%)
  • Ethereum (ETH) $409.53 (-1.86%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $270.10 (+0.38%)
  • Chainlink (LINK) $11.99 (-1.32%)
  • Bitcoin (BTC) $12,931.30 (-1.19%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft