Becoming a member of because the chief income officer, Najarian is tasked with international gross sales technique. Najarian was senior vice chairman of establishments at bitcoin service supplier Xapo earlier than becoming a member of BitGo. Coinbase Custody introduced its acquisition of Xapo’s institutional enterprise final week.
Talking on the most recent hiring, BitGo CEO Mike Belshe stated Najaraian’s historical past in each the legacy and cryptocurrency markets made him a pure match for the place:
“Pete has a deep understanding of capital markets and an distinctive breadth of expertise in monetary providers. This makes him an ideal companion for institutional traders who’re coming into the cryptocurrency market . . . Pete’s expertise in each conventional monetary markets and cryptocurrency will likely be crucial.”
Najarian stated the cryptocurrency market is gaining curiosity from conventional finance. “In my conversations with institutional traders, it’s clear that curiosity in cryptocurrency continues to develop, and that there’s a actual and important alternative,” Najarian stated.
Picture of Mike Belshe by way of CoinDesk archives