Blockchain.com, one of the oldest surviving crypto companies, appointed a new co-CEO on Monday to serve as a U.S.-based complement to Executive Chairman and CEO Peter Smith, who operates out of the firm’s London office.
Co-CEO Lane Kasselman is helping to build out the firm’s new U.S. headquarters in Dallas, Texas. Kasselman is being promoted from within, having previously served as Blockchain.com’s chief business officer and then president.
“Since I met Lane in 2015, he has been instrumental in helping grow the business, overseeing core functions while shaping the company’s overall vision,” Smith wrote in a statement.
The dual executives will focus on different aspects of the business, with Smith taking on engineering strategy and product innovation and Kasselman leading in “capital markets, business operations, and brand strategy drives,” the company said.
“This dual-leadership model creates a unique approach where technical execution and business acumen work in tandem, which will allow us to efficiently build and innovate for our next phase,” Smith noted, adding the hire ensures the firm is “not reliant on a single leader or geography.”
Blockchain.com, which launched the first Bitcoin block explorer in 2011 and operates a popular crypto wallet, has become active in the digital asset treasury space as an investor and service provider. The firm moved its U.S. headquarters from New York City to Miami in 2021.
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