One of the oldest cryptocurrency businesses still in operation, Blockchain.com, named Lane Kasselman as new co-CEO on Monday to support Executive Chairman and CEO Peter Smith, who works from the company’s London headquarters.
New headquarters in the USA
Lane Kasselman, co-CEO, is assisting with the construction of the company’s new headquarters in Dallas, Texas. Kasselman, who was the chief business officer (CBO) and later president of Blockchain.com, is being promoted from within.
“Since I met Lane in 2015, he has been instrumental in helping grow the business, overseeing core functions while shaping the company’s overall vision,” Smith wrote in a statement. The Information reported on Monday that the company intends to go public in 2019.
According to the corporation, Kasselman will lead in “capital markets, business operations, and brand strategy drives,” while Smith will concentrate on engineering strategy and product innovation.
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“This dual-leadership model creates a unique approach where technical execution and business acumen work in tandem, which will allow us to efficiently build and innovate for our next phase,” Smith noted, adding the hire ensures the firm is “not reliant on a single leader or geography.”
Blockchain.com, which runs a well-known cryptocurrency wallet and introduced the first Bitcoin block explorer in 2011, has entered the digital asset treasury market as an investor and service provider.
In 2021, the company relocated its U.S. headquarters from New York City to Miami.
Office in Nigeria
Earlier this year, Blockchain.com declared that it would establish a physical office in Nigeria during the second quarter of this year.
Additionally, the business intends to expand further in South Africa, Kenya, and Ghana. This action coincides with African nations starting to establish more precise regulations for digital assets and cryptocurrency trading.
Nigeria has made great strides in establishing an open framework for cryptocurrency, according to Owenize Odia, general manager for Africa at Blockchain.com.
Promoting Lane Kasselman to co-CEO alongside Peter Smith signals Blockchain.com’s move to strengthen its leadership as it builds a U.S. headquarters and pushes into its next growth phase.
The split of responsibilities, Kasselman focusing on capital markets, operations and brand, while Smith concentrates on engineering and product, reduces geographic and single-leader risk and pairs business strategy with technical execution.
That dual-leadership setup should help the firm scale more deliberately and pursue the public-market ambitions reported earlier, while keeping innovation and operational discipline aligned.
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