Catenaa, Tuesday, June 10, 2025-Crypto firms made 47 key hires, promotions and exits in May, signaling a strategic pivot toward growth and regulatory readiness as the market regains momentum, according to various reports.
Aleo Network Foundation hired Josh Hawkins as EVP of Strategy, Policy & Communications, and BJ Mahal as VP, Head of Partnerships.
At Algorand Foundation, Jennie Levin was named Chief Legal and Operating Officer. Meanwhile, Summer Mersinger took over as CEO of the Blockchain Association after leaving her post as a CFTC Commissioner.
Talent from traditional finance and government is also entering the sector. William Daley, former Wells Fargo executive, joined Forteus as a partner.
Jennifer Lassiter moved from the Digital Dollar Project to head digital assets for the Americas and Europe at Standard Chartered.
The IRS named Trish Turner, a 20-year agency veteran, to lead its digital assets division amid rising tax scrutiny.
Major crypto names also made strategic additions. Coinbase tapped Andrew Casey from Kraken and Christine Plummer from MSCI.
Consensys hired Jason Culbertson, while Circle brought on Christina Cheung. Taxbit appointed Amy Fisher from Plaid, and ParaFi Capital named David Burke as MD of Capital Formation.
OKX selected Roshan Robert as US CEO to enhance regulatory compliance, and Gemini added Brad Vopni to lead institutional strategy. Meanwhile, Bybit brought on Patricio Mesri as Country Manager for Spanish-speaking Latin America.
Exits included Polygon Labs co-founder Mihailo Bjelic leaving the foundation board and Kristin Johnson announcing her departure from the CFTC. Andrew Peel exited Morgan Stanley to start a tokenization firm.
The shift suggests crypto firms are building internal infrastructure and leadership ahead of a possible market expansion in late 2025.
