chepicap.com
According to Digital Asset, Blythe Masters has stepped down as CEO of the blockchain investment and development company.
Masters has been stewarding Digital Assets for around three and half years following her leaving JP Morgan Chase, and has led it while it was one of the most visible investment firms in the space. Masters’ most significant events at Digital Asset included a partnership with Google exploring cloud based blockchain efforts.
According to a company announcement Masters is leaving for personal reasons, and AG Gangadhar has been appointed to take her place for the time being until a permanent replacement is installed.. Of the replacement, Masters said that he has ‘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 has a long history in finance, including the creation of the infamous default credit swap, which ironically, or not, had a singular role in leading to the financial crisis of 2008, which itself birthed Bitcoin and blockchain.