Blockchain.com Hires Jamie Selway To Lead Institutional Markets
Crypto wallet solutions provider Blockchain has recently decided to hire Jamie Selway as its Global Head of Institutional Markets. Selway already has more than 20 years of experience and has become an expert in electronic trade services and in the US equity market structure.
Selway has already worked for broker-dealer and tech company Investment Technology Group (ITG). His function there was to run electronic brokerage and execution services. ITG is one of the major companies in the market and it does business with about 75% of the largest asset managers in the whole global market.
Peter Smith, the CEO of Blockchain.com, has told the media that the new executive is already a leader established in the industry and has a long time of experience in the sector. According to him, Jamie’s track record is critical for the development of products aimed at institutional investors in the company. Smith has also noted that many institutional investors were only waiting for infrastructure.
According to him, the main problem with institutional investors is that they are considerably more cautious to jump in the market, so having someone with a such a good track record will be important to be closer to this important share of the market right now.
Before working in ITG, Selway worked as the managing director at White Cap Trading, a brokerage agency that he founded himself five years ago. His curriculum also includes working at Archipelago, which was bought by NYSE.
Blockchain, which was initially Blockchain.info, has recently launched a new product called Blockchain Principle Strategies, which is properly aimed at institutional investors. The company has affirmed that the service will be made up of a trading platform and algorithmic trading solutions.
This is a sign that the company is serious in its investments to upgrade its services from providing wallet solutions to cater to the needs of institutional investors and build the right tools to help them to trade cryptos.