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Ex-Barclays CEO Antony Jenkins joins bitcoin startup Blockchain
Blockchain, a London-based startup providing bitcoin-related services, has announced the appointment of the former chief executive at Barclays, Antony Jenkins, as an independent director on its board.
In addition to his time at the helm of Barclays Group, Jenkins recently launched his own fintech startup, 10x Future Technologies, that is working on ways for nonbank firms to offer digital financial services. 10X Future Technologies recently signed a deal with Virgin Money to build a new digital banking platform. Notably, the deal came just a day after 10X was first unveiled to the public.
Moreover, Jenkins is also chairman of Currencies Direct Ltd., which competes with traditional players in foreign-exchange trading, The Wall Street Journal reported.
“I wanted to collaborate with Antony for a simple reason: wisdom to navigate crossing the chasm from a simple, burgeoning technology to enabling a whole new financial ecosystem”, Peter Smith, CEO and co-founder, Blockchain, said. “From our humble origins in York, our software now powers more transactions each week (hundreds of thousands) than any other privately held technology company I’m aware of and, as a result, we manage an increasingly complex global operation. Antony is one of the few that’s led a company that already does this and at a far greater scale — I’m looking forward to learning how to do it.”
According to the WSJ, Jenkins joins the firm’s co-founders, Chief Executive Peter Smith and President Nick Cary on the board, along with venture capitalist Jeremy Liew of Lightspeed Venture Partners and Michael Jackson, the former operating chief of Skype.
Blockchain is a leading bitcoin wallet service provider and reached a major milestone last month as it registered its 10 millionth wallet. It has raised over $30 million in capital from top tier investors including Lightspeed Venture Partners, Wicklow Capital, and Sir Richard Branson.