The co-head of digital assets at banking giant Citi, Alex Kriete, announced Thursday his departure to start a new cryptocurrency venture.
Kriete, who spent less than 12 months in his crypto role, but 11 years at Citi overall, made the announcement via his LinkedIn page, stating he has decided to take on a new professional “challenge.”
“Unsurprisingly to those who know me, I believe digital assets will continue to grow in importance to global capital markets and the formation of new business models,” said Kriete. “I could not be more excited to assist in the maturation of this market.”