We’re proud to announce that we’ve hired Adam Healy as our new Chief Security Officer. He joins BlockFi at a pivotal moment, further strengthening our commitment to security while we work to expand our product and service offering for retail and institutional clients.
As Chief Security Officer, Healy will be responsible for leading and strengthening BlockFi’s security-first approach across the organization which includes protecting client data, digital assets, and other proprietary information. His work will span cybersecurity and physical security.
Healy brings more than 15 years of experience to the job, having held roles within the U.S. Intelligence Community and Department of Defense, Microsoft, and Palantir Technologies. He’s been responsible for designing and implementing strategic IT initiatives within the U.S. government, as well as critical cybersecurity programs for Fortune 100 companies. He will be instrumental in BlockFi’s future growth as security controls within the crypto industry evolve and mature to face a constantly evolving threat landscape.
In his most recent role as CISO at Bakkt, a subsidiary of Intercontinental Exchange (NYSE:ICE), Healy oversaw security operations for safeguarding institutional clients’ digital assets and Bakkt’s cloud technology, which powers its integration with Starbucks (NASDAQ:SBUX).
“While the past couple of years have yielded tremendous progress to legitimize cryptocurrency, there remains significant opportunity to standardize and normalize security approaches industry-wide, which I look forward to continuing to contribute to as part of the BlockFi team,” said Healy. “As interest in cryptocurrencies increases across a more widespread audience, it’s only natural that more sophisticated threat actors will increase as well. Given that cryptocurrencies, and more broadly digital assets, are well on the way to becoming a more adopted asset class, and with BlockFi already leading the charge to make it so, we are making considerable investments to enhance our existing security controls across all areas.”
“There is a powerful tailwind propelling the crypto industry forward right now, which is evidenced by the current macroeconomic landscape and a bolstered global demand for digital dollars,” said Zac Prince, founder and CEO of BlockFi. “BlockFi operates at the intersection of the crypto and traditional financial world, and as digital asset market momentum burgeons into the mainstream, we will continue to build out our team and carve a clear path forward to fuel the next generation of digital finance.”
BlockFi manages more than $1 billion in assets on the platform and has operated with a 0% loss rate across its portfolio. We’re continuing to expand our presence in international markets with a growing institutional services team, and will soon be launching the full release of our mobile app and a Bitcoin Rewards Credit Card for retail clients.
Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Crypto assets are deposited into an account with Gemini or BitGo, our primary custodians and licensed depository trusts. For more information, please see BlockFi’s Terms of Service__.