Early Coinbase employee and head of institution products Adam White has joined Intercontinental Exchange’s (ICE) cryptocurrency platform Bakkt as its chief operating officer, per the company’s announcement on Medium:
Building a talented team at Bakkt is central to delivering on our vision to create a transformational digital asset ecosystem. That’s why I’m thrilled to announce that we will welcome Adam White as Chief Operating Officer in November.
If you know Adam, you may know he was employee #5 at Coinbase, the largest digital currency platform in the U.S. Equally important as his credentials, he’s also an excellent fit with our culture of collaboration, problem solving, integrity and leadership. As a visionary and a strong operator, Adam is a much anticipated addition to our busy team.
Adam and I spoke to Fortune’s Shawn Tully over the weekend, and you can read his story on Adam joining Bakkt, along with his earlier piece on the inspiration for our platform to buy, sell, store and spend digital assets.
Speaking of our launch, we’re hard at work with members and customers preparing for it. Our exchange and clearing house boards — and the clearing house risk committee — have all reviewed and approved the respective rules. We plan to file these rules publicly with the CFTC for review and comment very soon. We’re taking a transparent approach to engage across the industry as we begin testing and onboarding in November, and trading and warehousing in December, subject to CFTC approval.