1 year ago
Digital Currency Group (DCG) has hired Mark Shifke arsenic main fiscal officer, filling the spread near erstwhile former CFO Michael Kraines stepped down successful April.
The concern section of DCG, which is the genitor institution of CoinDesk, had been tally connected an interim ground by Chief Strategy Officer Simon Koster.
DCG was deed hard by the illness of the crypto marketplace past year, and its Genesis lending part ended up successful bankruptcy court. The institution lost $1.1 cardinal successful 2022 amid citing plunging crypto prices and the restructuring of Genesis.
“DCG has agelong stood retired to maine arsenic the starring and astir well-respected operator, investor, and backer of the brightest minds successful the integer plus space,” Shifke said successful a statement. “As the manufacture matures and integer assets proceed to summation momentum from organization stalwarts, I can’t deliberation of a much breathtaking opportunity.”
Shifke antecedently served arsenic CFO astatine Billtrust, which develops accounts receivable–software for companies, and CFO of Green Dot, a mobile-banking institution and payments level utilized by Apple, Walmart and Intuit.
“Following a broad hunt for DCG’s adjacent concern leader, I’m arrogant to invited Mark Shifke arsenic our caller CFO,” DCG laminitis and CEO Barry Silbert said successful a statement.
Edited by Nelson Wang.
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