Former JPMorgan employee becomes chief operating officer at Pantera Capital
Samir Shah reported that “after 12 fantastic years” at the bank, he “will starting a new professional chapter”
05.07.2022 - 11:10
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What’s new? Samir Shah, JPMorgan’s head of asset management sales, has left his post after 12 years of work at the holding company and took over as Chief Operating Officer at Pantera Capital, a cryptocurrency hedge fund. He made the announcement on his LinkedIn profile. Shah described the job at JPMorgan as “fantastic,” adding that he was “starting a new professional chapter.” He also reported that he was excited to become part of the Pantera Capital team “to help take the organization to new heights.”
JPMorgan is one of the largest American financial holdings. Its core businesses include investments, commercial banking, asset management, and transaction processing. The holding company uses a blockchain called Link to exchange information between banks and its own JPM Coin asset to move tokenized US dollar deposits.
Pantera Capital is an American cryptocurrency hedge fund founded by Dan Morehead in 2003. In 2013, Pantera Capital launched the first bitcoin-focused investment fund in the United States. As of January 2022, Pantera Capital had assets worth $5,6 billion under management.
In February, Christine Moy, JPMorgan’s director of crypto, stepped down after 18 years of work at the holding company. She took over as head of digital assets at Apollo Global Management, a private equity firm.
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