Hiring
• April 28, 2022, 8:54AM EDT
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Apollo Global Management, one of the world's largest investment and private equity firms with over $450 billion in total assets, has hired Christine Moy, a former crypto executive at JPMorgan, as it looks to invest in the web3 industry.
Moy has joined Apollo as partner and head of digital asset strategy, a source familiar with the matter told The Block. Bloomberg first reported the news.
"She might be the most senior woman or even person in tradfi [traditional finance] asset management dedicated to digital assets," the source said.
Moy left JPMorgan in February as its global head of metaverse within the bank's Onyx team. She had worked for JPMorgan for more than 18 years and that had been her only employer to date, according to her LinkedIn profile.
At Apollo, Moy will help the firm invest in blockchain and web3 startups. According to the source, the private equity firm will invest in a wide-range of blockchain and web3 projects, including projects that have a token. It's unlikely that the firm will purchase bitcoin.
Apollo will make bigger investments, with its checks ranging from $50 million to $250 million, the firm's John Zito—deputy chief investment officer of credit—told Bloomberg.
About Authors
Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email:
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Frank Chaparro is the Editor At Large at The Block. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. He runs his own podcast The Scoop and writes a biweekly eponymous newsletter.
He leads special projects, including The Block's flagship podcast, The Scoop. Prior to The Block, he held roles at Business Insider, NPR, and Nasdaq. For inquiries or tips, email
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