Blockchain.com hires former Obama and Clinton staffers in the same week as we can see today in our latest blockchain news today.
The political operative Jim Messina will be joining the board of crypto company Blockchain.com and this is a move that could help the company gain more traction in the states. Messina is referred to as “the fixer” during his time as Deputy Chief of Staff of Operations for President Obama and he also headed up his reelection campaign in 2012 before forming his own consulting company. Blockchain.com hires Messina a week after they hired Lane Kasselman as the chief business officer as Axios reported.
Kasselman worked on Hillary Clinton’s 2018 presidential campaign but later became a partner at the Messina Group after it acquires his public relations company Greenbrier. Messina is known as a DC power broker and a very popular figure in the tech sphere but he is also a part of a larger trend of the Obama-era as well. Obama’s 2008 campaign manager David Plouffe, joined Uber in 2014 as a Senior VP of Policy and Strategy a few years after the campaign went public. Jay Carney who was the second press secretary for the White House under Obama took a Senior VP Role at Amazon back in 2015.
Messina is familiar with the current and prospective members of the Biden administration including the SEC chair Gary Gensler who was appointed as a chair to the Commodity Futures Trading Commission by Obama himself. Messina has plenty of powerful names in its team and Blockchain.com hires some of them. The platform has three main products like a wallet for storage, spot trading, and explorer for searching BTC, BCH, and ETH transactions. It reports about 70 million wallets since it was created and facilitated about 28% of all Bitcoin transactions since 2012.
However, as the company didn’t operate as an exchange until 2019, it remains a small player on this front and offers 31 markets for 17 coins. Coinbase has 142 markets, Binance has the most-1104 and Kraken has 284. The company has one unique asset and owns prime real estate on Google, ranking at the top of the page when you type in “Blockchain.” Kasselman and Messina could turn this visibility into bigger revenue all while navigating through this political landscape that they created.
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