​JPMorgan crypto director Christine Moy is leaving the company

What’s new? Christine Moy, JPMorgan’s director of crypto, is leaving the firm after 18 years. Moy was head of the blockchain at Onyx, and her place will now be taken by Sushil Raja, CFO and head of strategy, The Block reports, citing its sources.

The Block’s material

What is Moy’s service to the company? Before becoming the global head of blockchain and cryptocurrency in 2016, Christine held positions in the corporate and investment bank, trading on the stock exchange. Moy is one of Wall Street’s most prominent figures and has played a major role in bridging the gap between the “wild” cryptocurrency and its adoption. Christine has also helped expand the bank’s presence in the metaverse by opening a lounge at Decentraland.

Onyx’s head Umar Farooq writes about Moy in a memo:

“Christine has been instrumental in building and leading JPMorgan’s blockchain program, dating back to 2015 when the blockchain team consisted of fewer than five people.”

What does Christine say about her departure? A former bank employee writes on her LinkedIn:

“After almost two decades, I am leaving JPM to pursue a new opportunity.”

Christine has not yet disclosed her new job. Moy also expressed her gratitude to the leadership and the company:

“Thank you to the leadership at JPMorgan for the opportunities I have had to grow and learn […] I appreciate the leaders who have mentored, sponsored me, and guided me through even the most challenging times.”