The cryptocurrency industry may still be in its infancy stage, but it is already attracting high-ranked Wall Street professionals.
Jeanine Hightower-Sellitto was COO at the International Securities Exchange, a startup which was bought over by NASDAQ in 2016 for $1.1 billion. She spent 13 years working for the firm and will now venture into a new territory.
As Managing Director of Operations, Sellitto is expected to develop the Gemini marketplace experience and also make it easier for institutional investors to use cryptocurrencies.
Gemini exchange is currently ranked the 49th largest crypto exchange by market volume according to CMC and recently got regulatory approval to launch it’s stablecoin.
Wall Street Stars Getting On The Crypto Train
Interestingly, Sellitto is in no way the first Wall Street professional who has taken the decision to work in the fast-evolving crypto industry.
In fact, she is not the first to be hired by Gemini since the exchange in July also recruited Robert Cornish who was formerly the Chief Information Officer of the New York Stock Exchange (NYSE).
San Francisco-based exchange Coinbase has recently been hiring big and once had David Marcus, former PayPal and Facebook executive on its books.
Former Goldman Sachs executive director Priyanka Lilaramani in May joined Malta-based crypto startup HOLD as their CEO.
Also among other Wall Street professionals to have switched fields, the head of Central Europe at Fujitsu Dr. Rolf Werner moved to blockchain non-profit IOTA Foundation.
These move by top-ranked professionals across the bridge to join a nascent industry shows that cryptocurrencies are growing from just a hype to mainstream status and from now it can only get better.