Crypto startup adds former Obama aide to its board

Quick Take

  •, a crypto services provider, has added a former aide to President Barack Obama to its board of directors.
  • Jim Messina, long known as a powerful figure in Washington, D.C., is set to help the firm navigate the Biden administration’s nascent approach to crypto regulation.

A key aide to President Barack Obama and famed political fixer now wants to shape the future of crypto regulation.

Jim Messina joined the board of this week to help the crypto wallet services firm navigate coming standards from the Biden administration.

Messina served as deputy chief of staff during the Obama Administration and headed the president's 2012 reelection campaign. After his time in the White House, he formed his own consulting firm, The Messina Group, which has since worked with the British Conservative Party and the government of Italy.

Now, Messina's been hired by crypto wallet provider Messina brings a wealth of career influence to the startup since his contacts include President Biden, with whom he worked during the Obama presidency when Biden was vice president. Messina was integral to Obama's transition efforts, meaning he's interacted with the agencies now at the forefront of the U.S. government's crypto efforts.

He's been dubbed one of the most powerful men in Washington D.C. by multiple publications. 

The developments follow's hire of another member of the Messina Group, Lane Kasselman. Kasselman worked on Hillary Clinton's campaign before joining the Messina Group as a partner. He currently works as's chief business officer. 

Messina has said he plans to focus his efforts on the tech sector in this political era, penning a piece on the importance of the Biden administration's approach to regulating the gig economy for TechCrunch


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"I really believe in my world the most interesting question of the next decade is: has regulation helped or stifled innovation?" he said in an interview with The Block. Crypto, he says, lies at the center of that question.

Part of answering the question, Messina said, involves listening before he goes to work on individual issues in his new role. Messina said he hopes regulators continue to take that same approach since the right regulation — the kind that promotes innovation and protects consumers — will take t