Fireblocks fills out its C-suite after layoffs

Elsewhere, Crypto.com has a new OTC trading head

article-image

Fireblocks CEO Michael Shaulov | Permissionless I by Blockworks

share

Fireblocks has tapped Michal Ferguson as its chief marketing officer, just weeks after it appointed Michael Levine as chief financial officer and Maden Gadde as chief customer officer.

Ferguson previously worked at cybersecurity platform Sync, holding the title of head of global demand. Her new role as chief marketing officer at Fireblocks will leave her in charge of ensuring the adoption of counterparty-risk-free infrastructure across retail and institutions.

In a press release reviewed by Blockworks, Ferguson noted that it is a “pivotal time” to be joining the Fireblocks team. 

Read more: Fireblocks debuts latest tool to combat crypto counterparty risk

Ferguson said “the platform’s versatility and commitment to addressing the evolving needs of digital assets’ growing customer base ha[s] enabled it to make massive strides across payments, tokenization and on-chain development.”

These latest C-suite hires come shortly after Fireblocks had cut 3% of its workforce. It did that earlier this year in an attempt to restructure its go-to-market strategy and customer support operations.

Read more: Fireblocks reduces headcount by 3% in the name of efficiency

Crypto.com bolsters OTC desk with ex-Kraken trading lead

Crypto.com has appointed Ryan Fennelly as the head of OTC trading. 

Fennelly was previously a quantitative trader, with experience primarily in capital markets and interest rate trading. He most recently held a position leading the OTC EMEA desk at the centralized exchange Kraken.

At Kraken, Fennelly will be responsible for spearheading its OTC service and improving trading services for the exchange’s clients.

Other notable hiring news

  • A Morgan Stanely alum joined Prometheum as chief financial officer ahead of the company’s trading launch.
  • Richard Teng shared his thoughts on his first 100 days as Binance’s new CEO.
  • Ethereum layer-2, Optimism, hired Amanda Tyler as head of marketing.

Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.png

Research

Groma is an attempt to reintroduce productive asset backing into monetary design by anchoring a token to a diversified portfolio of real estate. Unlike fiat, where value is policy-mediated, or crypto-native assets, whose value is primarily reflexive or expectation-driven, GromaCoin is explicitly balance-sheet constrained, with monetary expansion governed by asset acquisition.

article-image

BTC finished the week up 1.6%, while L2s, RWAs and the treasury trade continued to grind lower

article-image

DTCC moves DTC-custodied Treasuries onchain via Canton, while Lighter’s LIT launches trading at a fees multiple in Hyperliquid territory

article-image

In the 90s, rapt audiences worldwide watched a coffee pot — will that fascination ever turn to crypto?

article-image

Some systems improve by failing — and crypto has no choice

article-image

Yield Basis introduces an IL-free AMM design that already dominates BTC DEX liquidity

article-image

Maybe tokenholders don’t need the rights that corporate shareholders have come to expect

Newsletter

The Breakdown

Decoding crypto and the markets. Daily, with Byron Gilliam.

Blockworks Research

Unlock crypto's most powerful research platform.

Our research packs a punch and gives you actionable takeaways for each topic.

SubscribeGet in touch

Blockworks Inc.

133 W 19th St., New York, NY 10011

Blockworks Network

NewsPodcastsNewslettersEventsRoundtablesAnalytics