Ripple Veteran Navin Gupta Named CEO of Blockchain Firm Crystal Amid Industry Shifts
-
Navin Gupta, previously Ripple's managing director, is now the CEO of blockchain intelligence firm Crystal.
-
Crystal appointed Gupta to expand its solutions globally, citing his experience in crypto and traditional finance.
-
The appointment aims to maintain competitiveness as global regulation remains unclear despite Ripple's hiring efforts.
-
Over 80% of Ripple's 2023 crypto hires will be overseas, per CEO Brad Garlinghouse.
-
The recent Bitcoin spot ETF approvals have sparked some industry executive moves, like Kraken recruiting a Coinbase executive.