Circle has named Jeremy Fox-Geen, a tech veteran, as its new chief financial officer (CFO), according to a press release.
Fox-Geen will be responsible for the company’s finance and treasury organizations and will work with the company to achieve global scale, the press release said.
Fox-Geen previously served as CFO at iStar, Safehold and McKinsey & Co. North America, according to the publication.
In other news, according to CFO Dave Glazer, Palantir Technologies has classified itself as “open to business” on Bitcoin, according to CoinDesk.
According to CoinDesk, Glazer said on Tuesday (May 11) that the publicly traded software company is accepting Bitcoin as a means of payment.
He also said that, according to the report, he is considering investing in bitcoin as an asset for the treasury reserve.
Meanwhile, Block.one, the company behind the open source software EOSIO, has announced a new subsidiary, Bullish Global, which, according to a press release, will operate as a standalone unit.
Bullish Global will focus on the planned release this year of Bullish, a new blockchain-based cryptocurrency exchange that will combine “performance, user privacy and compliance of centralized order book technology” with the vertical integration technology of decentralized finance (DeFi) should combine), says the press release.
The Bullish Exchange will offer its users “new automated market making, credit and portfolio management tools to deliver functionality previously monopolized by established players in traditional finance while increasing the liquidity of digital assets,” the press release said .
According to a press release, Flexa, which operates in the digital payments space, is working with the unified payment platform Aurus to offer digital currency payments to retailers worldwide.
Merchants affiliated with Aurus can use Flexus to seamlessly accept dozens of digital currencies as means of payment on the Flexa network, including Bitcoin, Ether, Dogecoin and others, the press release said.
According to the press release, with the payment solution from Aurus, Flexa can also access a large number of retail sectors such as specialty retail, department stores, health and beauty, food, automotive, QSR and gourmet.
NEW PYMNTS STUDY: SUBSCRIPTION TRADING CONVERSION INDEX – APRIL 2021
About the study: A third of consumers who signed up for subscription services in the past year only went for the free trial. In the 2021 Subscription Commerce Conversion Index, PYMNTS surveyed 2,022 US consumers and analyzed more than 200 subscription commerce providers to identify the key characteristics that make subscription “curious” to sticky, long-term subscribers.
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