Share this article

Ethereum Startup ConsenSys Hires IBM, Oracle Execs in Expansion Push

Ethereum startup ConsenSys unveiled 20 new hires today, drawn from a range of notable companies working with blockchain.

Updated Sep 13, 2021, 7:02 a.m. Published Oct 13, 2017, 4:00 p.m.
(CoinDesk archives)
(CoinDesk archives)

New York-based ethereum development startup ConsenSys has revealed a number of new hires, including several IBM employees and the former CEO of South Africa's central securities depository (CSD).

ConsenSys announced today that John Wolpert, former global blockchain offering director, will work to advance the startup's product and venture efforts. Monica Singer, who left Strate this summer after working for the CSD since the late 1990s, is set to serve as its "Blockchain Ambassador" with a focus on financial markets.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

"I am so happy to have joined such an amazing team," Singer said in an emailed statement.

Wolpert and Singer are among the twenty hires unveiled today. The startup also highlighted the new role for Kavita Gupta, who, as reported last month, is spearheading a $50 million venture fund that ConsenSys plans to use to invest in a range of ethereum-focused startups.

Two other former IBM employees have joined the ConsenSys team. Maggie Love, who previously worked for IBM's Watson Group, will serve as director of strategic initiatives and business development. Johnny Howle was a member of IBM's blockchain team up until August and is now the startup's product designer for uPort, an ethereum-based identity system.

The list of hires includes those coming from a range of companies and organizations that have focused on blockchain in recent months, including professional services firms Deloitte and EY, database giant Oracle and the Chamber of Digital Commerce trade group, among others. Ryan Selkis, CoinDesk's former managing director, will serve as the startup's entrepreneur-in-residence, according to the announcement.

ConsenSys has also beefed up its Australia-based office, naming four new developers to its team.

Image by Pete Rizzo for CoinDesk

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

How a 'perpetual’ stock trick could solve Michael Saylor’s $8 billion debt problem

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long-dated leverage.

What to know:

  • Strive upsized its SATA follow on offering beyond $150 million, pricing the perpetual preferred at $90.
  • The structure offers a blueprint for replacing fixed maturity convertibles with perpetual equity capital that removes refinancing risk.
  • Strategy has a $3 billion convertible tranche due in June 2028 with a $672.40 conversion price, which could be addressed using a similar preferred equity approach.