Crypto exchange Lendingblock hires former-Goldman Sachs MD 24 September 2019 London Reporter: Drew Nicol
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Crypto exchange Lendingblock has appointed former-Goldman Sachs and J.P. Morgan senior executive John Macpherson as a strategic advisor.
Lendingblock, which went live on 3 September, is the first blockchain-powered securities lending exchange for digital assets.
Macpherson will be responsible for advising on key strategic decisions as Lendingblock continues to build its global institutional relationships and partnerships across both the crypto and the conventional capital markets landscape, the exchange said in a statement.
Most recently, he was CEO of fintech company BMLL Technologies, where he worked since 2016.
Macpherson also brings more than 20 years of experience across tier-one investment banks including roles at J.P. Morgan between 2001 to 2004 and Goldman Sachs from 2004 to 2013.
At Goldman, Macpherson was head of listed derivatives for Europe, the Middle East and Africa.
After that, Macpherson joined Nomura in 2013 as global head of futures and options where he rolled out a new global trading platform, streamlined the business and significantly increased revenues.
Steve Swain, CEO and founder of Lendingblock, said: “John has a wealth of expertise in conventional financial markets industry, and we are thrilled to welcome him to Lendingblock.”
“His experience working with clients around the globe over the past two decades and his ability to drive growth will be an asset to Lendingblock as we look to deliver what we believe to be core institutional infrastructure to the crypto lending markets.”
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