Former CFTC chair joins board of crypto investment firm

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ICYMI: Former CFTC chair joins board of crypto investment firm

Former chair of the Commodity Futures Trading Commission Chris Giancarlo has joined CoinFund in an advisory role.

The hire comes as crypto-focused venture capital firms across the board have been building out their regulatory wings.Crypto investment firm CoinFund has onboarded a former leader in the U.S. regulation space to its advisory board. Per a January 13 announcement shared with The Block, former Commodity Futures Trading Commission chair J. Christopher Giancarlo will join CoinFund as a strategic advisor.

“It’s pretty high-level strategy," Giancarlo tells The Block, explaining that he hopes he"can help them peer into the future a bit." In particular, Giancarlo emphasized his work with brokerage firm GFI Group, and especially its 2005 initial public offering, as critical to his understanding of how to shepherd firms through investment rounds. Of the current market for investment in crypto, Giancarlo acknowledged aOne beneficiary of this is CoinFund. The firm saw significant expansion over the course of 2021, launching a new

 

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...I'm sure he's in it for the technology.

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