Report: Blythe Masters' Digital Asset Holdings Isn't "Supercompelling" for Investors
Bitcoin-based startup Digital Asset Holdings has had a hard time with closing deals with investors to cap off the company’s first round of funding, according to a report. Former banker and now a prominent personality in the Fintech space Blythe Masters’ Digital Asset Holdings is ‘struggling’ to close its Series A round of funding by investors. The New York Times reports that former JPMorgan employee and now CEO of Digital Asset, Blythe Masters has already been promised an investment of $7.5 million from her former employer. JPMorgan is also seen as the lead investor in Digital Asset....
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Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of Digital Asset Holdings. The Digital Asset Holdings is a venue for buyers and sellers of financial assets to meet and transact, switching currencies into bitcoin in order to cut the cost and time of settlement and make use of the decentralised Blockchain. Blythe Masters sits on the Top of blockchain technology startup Digital Asset Holdings, where she became the CEO in March. She spent 27 years at JPMorgan Chase, where she held some leadership positions,....
Blythe Masters. Digital Asset Holdings' CEO Blythe Masters has reportedly turned down an offer for a top management position at Barclays to stick with her blockchain technology startup. Blythe Masters, CEO of New York-based Digital Asset has turned down the chance to "run" Barclays' investment banking division and chose to stay with her current blockchain-based startup Digital Holdings. Masters is among the most prominent figures on Wall Street and is known as one of the creators of the credit derivatives market. She left JP Morgan after 27 years with the bank and joined Digital Asset....
Powerful finance lady Blythe Masters is having a hard time convincing investors to invest in her blockchain startup Digital Asset Holdings, according to a news report from The New York Times. NewsBTC.com earlier reported that Blythe is looking to raise $35M for her blockchain startup before Christmas from leading investor groups such as JPMorgan Chase, where she earlier worked for 27 years, Goldman Sachs, Citigroup, Santander, Bank Of America, Morgan Stanley and NASDAQ. The NYTimes reports that leading financial institutions including Goldman Sachs and Citigroup are miffed that Digital....
Digital Asset Holdings, the startup led by ex-JPMorgan exec Blythe Masters, is apparently having issues closing an inaugural investment round. Blythe's previous employer JPMorgan Chase & Co has already committed about $7.5m to the undisclosed round, but Digital Asset has been struggling for some time to complete the deal with other investors, according to The New York Times. Allegedly, major banks including Goldman Sachs and Citigroup have been reluctant to commit to the deal as JP Morgan was "being given better terms than other investors", according to Times sources. More seriously,....
The Chamber of Digital Commerce (CDC), a digital currency advocacy group, has appointed former Wall Street executive Blythe Masters to its board of advisors. Masters who joined Digital Asset Holdings - a startup that uses blockchain tech to enhance the settlement of traditional and digital assets - as CEO in March spoke about her new advisory role. She said: