Banking Veteran Mike Kennedy Takes Over Interstellar As Adam Ludwin Leaves To Work On Pogo App
It seems that changes are about to happen in Interstellar, the crypto company focused on creating and maintaining the Stellar blockchain. Mike Kennedy is going to replace Adam Ludwin as the new CEO of the company as Ludwin has decided to leave his position to join a new spin-out.
Ludwin was present in the company before Interstellar was even in its current form. He was the CEO of Chain, a company that merged with Lightyear.io to create Interstellar. Because of this, he was considered one of the main forces in the company. He will now be the new leader of Pogo, a company focused on targeting interoperability between different wallets.
Kennedy, his successor, was one of the co-founders of Zelle, a network focused on mobile payments that are currently owned by banks. He also worked on OFX and Wells Fargo, too.
According to Kennedy, the success of his previous company mostly happened because there was a real problem to be solved and they did it well. He will join the company because he sees in Interstellar a new opportunity to solve more problems.
He affirmed that international payments are not very effective and that they can be really expensive, so cryptos are the right solution and the best blockchain will be the one that will be known for solving people’s issues. This is where Interstellar and its Stellar tokens come in.
Kennedy affirmed that the company will do everything in its power to help people to use the potential of the network to make international payments better and to trade more seamlessly.