Alex Kriete, Co-Head of Digital Assets at Citi, announced his resignation from the banking giant after 11 years at the firm on March 10 via LinkedIn. He stated in his post that he intends to devote himself full-time to developing a new cryptocurrency company but provided no additional details at the time.
Kriete co-led the Digital Assets Group with Greg Girasole for less than a year since the unit launched in June, 2021. Girasole also announced his departure via LinkedIn and, together him and Kriete plan to start their own blockchain-related venture. The two said they will share more details about it in the coming weeks.