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The former head of asset management sales at JPMorgan, Samir Shah, has left the bank to become a chief operating officer of cryptocurrency-focused investment firm Pantera Capital.
Shah stated in a LinkedIn post that after "12 amazing years with JPMorgan" in sales, strategy, and digital jobs, it was time to begin a new professional chapter.
"As for my next step, I am thrilled to share that I will be joining Pantera Capital as Chief Operating Officer. Pantera is one of the industry's leading investors in blockchain technology, and I'm excited to partner with Dan Morehead, Joey Krug, and the broader Pantera team to help take the organization to new heights!" Shah said.
Shah follows a well-established path from Wall Street to cryptocurrency. Christine Moy, the longtime crypto and blockchain lead at JPMorgan, departed the bank at the beginning of May this year to become the head of digital assets at private equity company Apollo Global Management.
Pantera announced intentions to complete a blockchain fund with around $1.3 billion in committed money at the beginning of April.