BlackRock's $IBIT adds Moonpay Chief Legal Officer Lindsey Haswell to fund's board

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The Block2024/04/28 19:22

By:Zack Abrams

BlackRock has announced that Moonpay’s top lawyer will join the board of BlackRock’s $IBIT spot Bitcoin ETF, one of the top contenders in the market.Haswell is also a member of the Core blockchain’s founding team.

BlackRock and iShares's $IBIT, currently the most-traded spot Bitcoin BTC +0.76% ETF by volume, is shaking up its board of directors, appointing Lindsey Haswell, Chief Legal and Administrative Officer at Web3 payment infrastructure company MoonPay. She will replace financier Kimun Lee, who will step down as of Nov. 6, 2024.

Prior to MoonPay, Haswell worked in the same role at Blockchain.com. Haswell was also a founding member of the Core blockchain and is a Core Dao contributor. Core is a Layer-1 blockchain that provides Ethereum Virtual Machine-compatible smart contracts secured in part by Bitcoin's proof-of-work consensus mechanism.

BlackRock's $IBIT is currently the second-largest spot Bitcoin ETF by assets under management, and the largest excluding Grayscale's GBTC.

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$IBIT is also the most-traded spot Bitcoin ETF, with its volume frequently eclipsing the sum of all other funds in recent weeks.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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