Cryptocurrency Wallet Blockchain Acquires a Startup for San Francisco Expansion
London-based digital currency wallet and data provider Blockchain will start an office in San Francisco, the company declared on Wednesday.
The decision follows its recent procurement of the team from software company Tsukemen, also earlier based in the Bay Area of California. The workplace will be staffed with several previous Tsukemen employees, with the firm’s former CEO and co-founder, Thianh Lu, at its helm.
Furthermore, Chris Arriola and Fred Cheng, two former software engineers at the company will join the office to help with Blockchain’s software and mobile application development projects. Tsukemen’s Min Wei will too join Blockchain’s West Coast office as part of its strategy and partnerships team.
Peter Smith CEO and co-founder of Blockchain showed that the opening of the office is the part of the organization’s significant expansion efforts. That has lately included the hiring of former Goldman Sachs executive Breanne Madigan and lawyer Marco Santori for the roles of institutional sales and strategy lead, and president and chief legal officer.
Peter Smith said:
“With such a capable group at its helm, I know that our West Coast office will be helpful in assisting us to scale operations and continue building best-in-class products to serve our customers.”
As for the Tsukemen team, Thianh Lu explained that joining the San Francisco office will back its longtime objectives.
He said in the statement:
“Making products have always driven our team, and there is no better place to continue building great and innovative technology than at Blockchain.”