Some people still call Uber a start-up, ten years on. Whatever.
From Fortune:
Blythe Masters left her job as a high-flying JPMorgan Chase executive in 2014, and soon after became CEO of Digital Asset, a blockchain startup that caters to banks and startups. Now, three years and a half years later she is stepping down.
On Tuesday, Digital Asset announced that Masters is leaving for personal reasons, and that AG Gangadhar, who joined the company’s board of directors in April, will serve as the acting CEO.
The unexpected move comes as a setback for Digital Asset since Masters is highly respected in the blockchain field, and one of the most high profile women in a male-dominated industry. Blythe also enjoys fame from her banking days as the reported creator of the credit default swap, a clever financial trick whose abuse contributed to the financial crisis.
Masters became CEO of New York-based Digital Asset in March of 2015, several months after the company launched. Under her tenure, the company established partnerships with banks around the world, and worked to build blockchain platforms for the Australia Stock Exchange and U.S.-based clearing houses. In July, Digital Asset announced a partnership with Google to bring blockchain to the cloud.
It’s unclear, however, how much traction these projects have achieved. While blockchain technology has attracted enormous hype and investment in recent years, it has faced increasing skepticism from some who question its utility....MORE
