Ledger hires Circle's (CRCL) John Andrews as CFO, opens NYC office
Crypto wallet maker Ledger appointed former Circle executive John Andrews as CFO and opened a New York office to support its IPO push.Summary
Crypto security firm Ledger has appointed John Andrews, a former Circle executive, as its new Chief Financial Officer as the company prepares for a potential U.S. initial public offering (IPO). Andrews previously led capital markets and investor relations at Circle. Concurrently, Ledger opened a new, multi-million dollar office in New York City, which will serve as a hub for its enterprise business, focusing on hiring for institutional and marketing roles to serve financial firms entering digital assets. This expansion and leadership change are aimed at strengthening engagement with institutional investors and public markets, as Ledger reportedly works with major banks on a listing that could value the firm over $4 billion. Ledger, known for hardware wallets, is increasingly focused on enterprise services, despite past setbacks like data breaches.
(Source：CoinDesk)