California based cryptocurrency wallet and digital asset security solutions provider BitGo recently made an announcement revealing that the firm now had a new Chief Revenue Officer. According to the statement released by the firm, the newly joined executive, Peter Najarian is an industry veteran with more than 25 years of experience in handling sales divisions of tier 1 financial service providers. Peter started his career in financial industry post graduating with an MBA degree in finance from Duke University’s Fuqua School of business.
Across the entirety of his career, Peter has served in high-level management roles starting with the role of Director of emerging markets institutional sales division at Merrill Lynch where he served for six and half years which he joined back in August of 1993. He then joined UBS where he served for 8 years and 7 months serving in the role of head of sales for US, Latin America, and emerging market region and also served as head of institutional client coverage for Asia Pacific market region.
He then served as global head of emerging market sales division at Royal Bank of Scotland during which he was responsible for ensuring that the firm’s EM fixed income products reached all its institutional investor clients from the firm’s offices across 27 countries. Post serving at RBS for two years, he became a managing member of Grist Mill Capital Partners LLC in January 2011 and also co-founded his own start-up (Safe + Fair Food Company) in 2012 which sold allergen-free snacks to clients located in Westport, Connecticut, and New York.
Prior to joining BitGo, Peter served as Senior Vice President of Institutions for XAPO, a Bitcoin wallet service provider which sold its institutional business to Coinbase Custody in a deal worth $55 million earlier this year. However, Peter still continues to hold his role as Co-Founder of Safe + Fair and Managing Partner for Grist Mill Capital along with his new role of Chief Revenue Officer at BitGo. As per the statement released by the firm, Peter’s appointment at BitGo is effective immediately.
BitGo which was founded back in 2013 started out as a Bitcoin Wallet provider but has since grown to accommodate several other popular altcoins in its Wallet. BitGo is currently popular in the market owing to its multi-signature wallet technology which offers enterprise-grade custody solutions for digital assets to institutional and retail clients. Speaking about Peter’s new role at the firm, Mike Belshe, CEO of the firm commented, “Pete has a deep understanding of capital markets and an exceptional breadth of experience in financial services. This makes him a perfect partner for institutional investors who are entering the cryptocurrency market. We’re building the financial infrastructure of the future and Pete’s experience in both traditional financial markets and cryptocurrency will be critical”.
Speaking on the same note, Peter Najarian commented, “In my conversations with institutional investors, it’s clear that interest in cryptocurrency continues to grow, and that there is a real and significant opportunity. I’ve spent my career working with institutional investors and what impressed me about BitGo is the company’s commitment to delivering both the services and depth of client engagement that are required to build long-term partnerships with institutional investors”.
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