Blockchain, the leading crypto wallet service provider named after the innovative technology that empowers cryptocurrencies, has taken Jamie Selway onboard to spearhead the efforts of its institutional markets business.
The well-renowned cryptocurrency wallet solutions website announced this decision on Wednesday, the first day of August appointing Jamie Selway as company’s global head of institutional markets. It should be noted that Mr. Selway has more than 20 years of diverse experience in the US equity market industry as well as electronic trading.
Prior to shaking hands with Blockchain, Mr. Selway was working for Investment Technology Group (ITG), a global agency of brokerage dealing and trading technology company where he was in charge of electronic brokerage and execution. ITG has been in business with around 75% of the top global asset managers.
Blockchain CEO Peter Smith appeared to be excited about Mr. Selway’s inclusion in the team and said in a statement sent to Reuters:
“Jamie is an established leader in the prime brokerage industry and a long-time markets leader. His track record and expertise will be critical to driving the development and growth of our products for institutional investors.”
According to the official statement, Mr. Smith opined that numerous institutional financial specialists were all the while sitting tight for the correct framework to exchange and screen digital forms of money. He focused on the fact that Mr. Selway had worked for a considerable length of time creating the market foundation and innovation, making him the perfect individual to serve Blockchain’s institutional customers.
Blockchain, cryptocurrency wallet service, which recently changed moved its domain from .info to .com, as of late initiated Blockchain Principle Strategies, a dedicated service especially launched for institutional clients. It will incorporate a forward-thinking trading platform along with algorithmic trading solutions, as indicated by Mr. Selway when talking to Reuters.
“The plan is to create a trading product. Going from the existing wallet service, which is substantial in terms of size, and then building execution tools for retail, expanding the wallet into custodial services for institutions, and the executions for those institutions,”