- Bakkt hires Mike Blandina as the company’s chief product officer.
- Bakkt is currently waiting for regulatory approval which will give it the go ahead to launch its services.
According to a report published by CoinDesk Bakkt, a BTC futures trading platform has added to its staff an expert in both PayPal and Google. The new employee will the position of the chief product officer. The announcement regarding the hiring of Mike Blandina was published on Thursday.
Mike Blandina has at some point in his career work as the head of the various department including payments and credit engineering at PayPal. He has also been a director of engineering for Google wallet. In addition to that, Blandina recently worked as the chief technology officer as well as head of product and engineering at One Market. The CEO of Bakkt Kelly Loeffler was quoted in the blog post saying:
“As our CPO, Mike will lead our efforts to converge a trusted ecosystem for digital assets with payments use cases, two elements of Bakkt that help bring real world applications to bitcoin and other cryptocurrencies,”
Bakkt is currently waiting for regulatory approval which will give it the go ahead to launch its services. However, the CEO says that they are working extremely hard to ensure that there is a smooth launch and continued operations:
“As a former marathoner, this point in time recalls the stage in the training regimen when you’re putting in long runs with your training team. There is more work to be done. I’m proud to be going the distance with this growing team and of the culture we are building, while bringing digital assets into the mainstream economy.”
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