{"id":2199,"date":"2018-04-18T07:46:31","date_gmt":"2018-04-18T07:46:31","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=2199"},"modified":"2018-04-18T07:46:31","modified_gmt":"2018-04-18T07:46:31","slug":"crypto-wallet-blockchain-com-hires-former-goldman-sachs-vp-to-boost-institutional-clients","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/crypto-wallet-blockchain-com-hires-former-goldman-sachs-vp-to-boost-institutional-clients\/","title":{"rendered":"Crypto Wallet Blockchain.com Hires Former Goldman Sachs VP To Boost Institutional Clients"},"content":{"rendered":"
<\/a><\/p>\n Blockchain, a cryptocurrency wallet service, has hired a former Goldman Sachs executive to help boost its presence with institutional clients. Breanne Madigan joined the firm this month, Blockchain announced Tuesday.<\/p>\n She will take up the\u00a0part<\/span>\u00a0as head of\u00a0organization<\/span>\u00a0deals<\/span>\u00a0and\u00a0methodology<\/span>. Madigan most\u00a0as of late<\/span>\u00a0served as head of\u00a0organization<\/span>\u00a0riches<\/span>\u00a0administrations<\/span>\u00a0at Goldman Sachs, a division whose\u00a0add up to<\/span>\u00a0resources<\/span>\u00a0beneath<\/span>\u00a0administration<\/span>\u00a0come to<\/span>\u00a0a record $1.49 trillion in 2017,\u00a0agreeing<\/span>\u00a0to\u00a0data<\/span>\u00a0given<\/span>\u00a0by Blockchain.\u00a0<\/a><\/p>\n Madigan had worked at Goldman Sachs from 2003 to 2017 as an associate, vice president, and finally as the head of institutional wealth services, a department that managed $1.49 trln worth of total assets in 2017, CNBC reports.<\/p>\n Hiring Breane Madigan shows Blockchain\u2019s intent to boost the presence of institutional clients in the market. So far, institutional clients have not taken the leap that many people predicted after the\u00a0launch of the futures<\/a>\u00a0last year.<\/p>\n For a lot of institutional investors, cryptocurrencies remain a volatile asset given the massive fluctuations the prices have recorded over the years.\u00a0Bitcoin<\/a>, for example, has seen a fall from grace to grass, as it hit an all-time of $19,000 in December before taking a hit, weeks after, which now sees it hover around $8,000.<\/p>\n source:CNBC<\/p>\n\n
Blockchain has\u00a0utilized<\/span>\u00a0Breanne Madigan\u00a0to assist<\/span>\u00a0it boost its\u00a0nearness<\/span>\u00a0with\u00a0regulation<\/span>\u00a0clients. Madigan will take up the\u00a0part<\/span>\u00a0as head of\u00a0organization<\/span>\u00a0deals<\/span>\u00a0and strategy. The\u00a0contracting<\/span>\u00a0signals Blockchain’s\u00a0expectation<\/span>\u00a0to go after institutional clients, a\u00a0showcase<\/span>\u00a0that’s\u00a0<\/span>seen as\u00a0possibly<\/span>\u00a0profitable<\/span>, but is\u00a0however<\/span>\u00a0to require<\/span>\u00a0off.<\/h3>\n<\/li>\n<\/ul>\n
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