Christine Moy From JP Morgan’s Blockchain Team Quits

JP Morgan, US’s largest financial institution is shedding one in all its most crypto-forward executives, Christine Moy, after virtually 20 years of service. Simply days after the Wall Avenue megabank entered the metaverse, Moy introduced her departure for a brand new alternative that is still undisclosed for now. Throughout her tenure, Moy labored round JP Morgan’s cross-firm blockchain and crypto methods. In an in depth LinkedIn publish, Moy signed her resignation announcement with a crypto shorthand — #WGMI — which expands to “we’re gonna make it”.

The blockchain-focussed government was a part of JP Morgan’s metaverse launch. On February 15, JP Morgan inaugurated a lounge within the digital world Decentraland, making it the primary main financial institution to step into the metaverse.

“The Onyx by JP Morgan crew is comprised of stars and I stay up for seeing what this subsequent era will include. I’ve efficiently recruited and educated robust groups with a broad variety of thought, expertise, and background,” Moy wrote in her publish.

In October 2020, Moy additionally co-founded Onyx by JP Morgan as a brand new enterprise unit centered on digital property and blockchain.

In December, Moy organised JP Morgan’s first Crypto Financial system Discussion board whereas additionally issuing the primary NFTs from the financial institution.

Whereas Moy’s official announcement on her subsequent enterprise stays awaited, a touch upon her LinkedIn publish appears to have hinted at a speculative reply.

The remark from David Submit, the managing director of blockchain options agency Chainlink Labs below Moy’s publish has stirred rumours on her subsequent step.

“Welcome to the occasion,” Submit’s remark reads.