Senior International Finance Executive to Expand Institutional Sales and Revenue Growth
PALO ALTO, Calif.–(BUSINESS WIRE)–BitGo, the leader in digital asset financial services, today announced that Pete Najarian is joining the company as Chief Revenue Officer. Pete will be responsible for driving the company’s global sales strategy and execution, and will report to CEO Mike Belshe.
“Pete has a deep understanding of capital markets and an exceptional breadth of experience in financial services. This makes him a perfect partner for institutional investors who are entering the cryptocurrency market,” said Mike Belshe, CEO, BitGo. “We’re building the financial infrastructure of the future and Pete’s experience in both traditional financial markets and cryptocurrency will be critical. I’m delighted to have him on my leadership team.”
“In my conversations with institutional investors, it’s clear that interest in cryptocurrency continues to grow, and that there is a real and significant opportunity,” said Pete Najarian, Chief Revenue Officer, BitGo. “I’ve spent my career working with institutional investors and what impressed me about BitGo is the company’s commitment to delivering both the services and depth of client engagement that are required to build long-term partnerships with institutional investors.”
Pete has over 20 years of experience working in international finance with institutional investors. He joins BitGo from Xapo where he was Senior Vice President of Institutions. Prior to Xapo, Pete served as Global Head of Emerging Markets Sales for Royal Bank of Scotland,where he was responsible for the organization and leadership of institutional sales teams in 27 countries with a specific focus on Fixed Income, loans, currencies and commodities. Previously, Pete held multiple positions at UBS including Head of Institutional Client Coverage-APAC, Global Head of Emerging Markets Sales, and Head of US and Latam Emerging Markets Sales. Pete has served on numerous industry Boards including the Foreign Exchange Management Committee for the Monetary Authority of Singapore. He holds a bachelor’s degree in economics from Lafayette College and an MBA from Duke University.
BitGo is the leader in digital asset financial services, providing institutional investors with security, custody, and liquidity solutions. BitGo is the world’s largest processor of on-chain bitcoin transactions, processing 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. The company supports over 100 coins and tokens, and has over $2 billion in assets in wallet. BitGo’s customer base includes the world’s largest cryptocurrency exchanges and spans more than 50 countries. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo is backed by Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Goldman Sachs, Redpoint Ventures, and Valor Equity Partners.