Blockchain brings on its first CFO after year of 'unprecedented' growth

People • December 13, 2018, 2:37PM EST
Published 1 hour earlier on
UPDATED: December 16, 2018, 8:48AM EST
The Block

Crypto wallet technology firm Blockchain has brought on its first chief financial officer as the firm eyes an initial public offering in the coming years. 

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

Macrina Kgil joined the firm in November, as first reported by The Information. The new hire was confirmed to The Block in an email from Blockchain co-founder and chief executive officer Peter Smith. 

”This has been an unprecedented year of growth at Blockchain, and I’m thrilled to welcome Macrina as our first Chief Financial Officer,” said Smith. “Macrina is a proven leader who’s built strong financial organizations and prepared companies to go public. As we expand our retail and institutional footprint, Macrina will be instrumental in helping the company scale." Smith told The Information that Kgil will play a key role in the company's preparations to go public over the next few years.  Previously, Kgil was CFO of lending firm Springleaf Financial Services. She joined Blockchain from GPB Capital, an asset manager.

About Author

Frank Chaparro is Host of The Scoop podcast and Director of Special Projects. He also writes a biweekly newsletter. 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. For inquiries or tips, email [email protected].

More by Frank Chaparro