Share this article
Goldman Sachs Managing Director Joins Blockchain Startup Chain
Blockchain startup Chain has named a Goldman Sachs managing director as its new president.
By Stan Higgins
Updated Sep 11, 2021, 1:14 p.m. Published Apr 17, 2017, 8:23 p.m.
Blockchain startup Chain has named a Goldman Sachs managing director as its new president.
Tom Jessop is joining the firm after serving as Goldman's managing director for business technology development since January 2016, according to LinkedIn.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Between 2008 and 2012, he served as managing director for principal strategic investments, serving stints in Hong Kong and New York. He served as a vice president for the Wall Street investment bank between 2000 and 2008. Prior to working for Goldman Sachs, worked for credit ratings firm Standard & Poor’s.
According to Chain, Jessop will be chiefly responsible for pursuing commercial opportunities for the firm.
He said in a statement:
"I am excited to collaborate with Chain's team, customers, and strategic partners to accelerate the adoption of blockchain technology in financial services and other industries."
Jessop is far from the first Goldmanite to head for the blockchain space.
Earlier this year, a former Sachs vice president sought to take on the traditional hedge fund concept using blockchain. And in early 2016, the Blythe Masters-led Digital Asset Holdings tapped another ex-VP to serve as a senior software developer. The digital currency exchange space has also attracted veterans of the firm over the years.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Chain.
Image via YouTube/DTCC
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
