Former Goldman Sachs Exec Leaves Blockchain.Com for Ripple

Cointelegraph Team Cointelegraph

Former Goldman Sachs exec Breanne Madigan has left her position at crypto wallet provider Blockchain.com to join Ripple, crypto media outlet The Block reported on May 28.

Madigan, a Wall Street veteran with about 14 years of experience at major global investment bank Goldman Sachs, has reportedly left Blockchain.com after serving there as Head Institutional Sales and Strategy for 14 months, according to her LinkedIn profile.

The former Goldman Sachs executive has reportedly joined Ripple to lead the Global Institutional Markets team to attract more institutional investment to crypto space, as she said in the report. Madigan reportedly claimed that she is excited to help drive mass adoption of digital assets and transformation of a global payment system.

Madigan’s withdrawal from Blockchain.com has followed another recent departure by Wall Street trading veteran Jamie Selway, who reportedly left the company in January 2019 after joining the firm as Global Head of Institutional Markets in summer 2018.

Founded in 2011 as a crypto analytics source, Blockchain.com is formerly known as Blockchain.info. The company further developed to offer crypto wallet services for major cryptocurrencies including bitcoin, ether, bitcoin cash, and others. In September 2018, Blockchain.com was featured in LinkedIn’s top 25 United Kingdom-based startup companies, ranked at number 9.

Meanwhile, Ripple recently reported that its institutional direct sales in Q1 2019 have seen a massive growth from $40.15 million in Q4 2018 to $61.93 million.

Author

Cointelegraph Team

Cointelegraph

We are privileged enough to work with the best and brightest in Bitcoin.

Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.

Bitcoin Weekly Forecast: BTC hits 20-month low, will the pain continue?

Bitcoin recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot ETFs recorded $1.35 billion in net outflows through Thursday.

XRP clings to $1 as long liquidations deepen bearish trend

Ripple trades near the key psychological support level of $1 at the time of writing on Friday after losing more than 8% so far this week. CoinGlass liquidation data shows that over 97% XRP long positions were wiped out over the past 24 hours.

Pi Network Price Forecast: Minor recovery amid market crash fuels short-term hope

Pi Network price records a mild 3% recovery at press time on Friday, shaping a rebound from a broken descending trendline. The declining trend in trading volume has stabilized around $10 million this week, supporting the possibility of an extended recovery as selling pressure wanes.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin (BTC) recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot Exchange Traded Funds (ETFs) recorded $1.35 billion in net outflows through Thursday.