In a LinkedIn post earlier this week, Kech announced his retirement from the digital assets exchange, which provides trading, settlement, and custody of crypto assets. He wrote in the post:
“This may seem like a short tenure, and it is, but sometimes, an exceptional opportunity comes along. I will share more about it when I start my new exciting challenge in November.”
Similar executive moves from the banking behemoth to crypto firms have occurred in the past.
Itay Tuchman, Citi’s global head of foreign exchange, departed the firm after more than two decades to pursue a job in digital assets. CoinFund, a digital asset investment business, engaged former Citigroup executive Christopher Perkins as its new president and managing partner the same month.
This is the latest exodus from the banking behemoth in pursuit of fresh opportunities in the digital asset industry. According to April reports, 15 top-tier Citi workers have left traditional finance for digital asset-focused destinations in the last year. Top positions at Copper, Paxos, Genesis, and the Provenance Blockchain Foundation are among them.
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Harold
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